2, GWELAVON CLOSE, WADEBRIDGE, PL27 6BE - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 GWELAVON CLOSE is a very small detached house of 59m², built sometime between 1996 and 2002. It was last sold for £315,000 in June 2017, which was around 1% above the average June 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

2 GWELAVON CLOSE Sold Prices

Land registry data shows three sales for 2 GWELAVON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the three 2 GWELAVON CLOSE sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 23 JUN	£315,000	£311,096	1% above HPI
2013 1 FEB	£195,000	£266,912	27% below HPI
1998 1 MAY	£70,995	£87,601	19% below HPI

2 GWELAVON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 2 GWELAVON CLOSE sales between May 1998 and June 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 GWELAVON CLOSE?

2 GWELAVON CLOSE is 59m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where 2 GWELAVON CLOSE lies on this distribution: 4% of detached houses are smaller than 2 GWELAVON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

2 GWELAVON CLOSE: Plot and Title Map

2 GWELAVON CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 GWELAVON CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 GWELAVON CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 GWELAVON CLOSE?

2 GWELAVON CLOSE is located in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of No. 2 on GWELAVON CLOSE.