2, HILL PARK, WADEBRIDGE, PL27 6UL - £272,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 HILL PARK is a very large extended detached house of 156m², built sometime between 1991 and 1995, which could now be worth an estimated £421,233. It was last sold for £272,000 in February 2011, which was around 4% below the average February 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

2 HILL PARK Sold Prices

Land registry data shows two sales for 2 HILL PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 2 HILL PARK sales 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
2011 15 FEB	£272,000	£282,330	4% below HPI
2001 26 JAN	£115,500	£120,240	4% below HPI

2 HILL PARK 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 two 2 HILL PARK sales from January 2001 and February 2011 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 January 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2011 sale, which was also at 4% below the HPI.

What might 2 HILL PARK be worth now?

2 HILL PARK might now be worth an estimated £421,233.

This is based on house price inflation of 54.9%, between February 2011 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.9% inflationary increase is applied to the most recent sale price for 2 HILL PARK of £272,000 on 15th February 2011. For the value to have increased from £272,000 to £421,233 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 2 HILL PARK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2011 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HILL PARK has not materially changed since February 2011.

How Large is 2 HILL PARK?

2 HILL PARK is 156m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wadebridge, and where 2 HILL PARK lies on this distribution: 87% of detached houses houses are smaller than 2 HILL PARK, and 13% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

2 HILL PARK: Plot and Title Map

2 HILL PARK sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 HILL PARK, 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 HILL PARK). 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 HILL PARK?

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