27, TWO TREES ESTATE, WADEBRIDGE, PL27 7PQ - £353,000

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.

27 TWO TREES ESTATE is a midsized extended detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £453,879. It was last sold for £353,000 in February 2019, which was around 4% above the average February 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

27 TWO TREES ESTATE Sold Prices

Land registry data shows three sales for 27 TWO TREES ESTATE 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 27 TWO TREES ESTATE 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
2019 1 FEB	£353,000	£340,052	4% above HPI
2006 15 DEC	£265,000	£284,469	7% below HPI
2000 20 JUL	£90,000	£116,510	23% below HPI

27 TWO TREES ESTATE 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 27 TWO TREES ESTATE sales between July 2000 and February 2019 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 December 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 27 TWO TREES ESTATE be worth now?

27 TWO TREES ESTATE might now be worth an estimated £453,879.

This is based on house price inflation of 28.6%, between February 2019 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 28.6% inflationary increase is applied to the most recent sale price for 27 TWO TREES ESTATE of £353,000 on 1st February 2019. For the value to have increased from £353,000 to £453,879 over the six years to February 2025, the following assumptions must hold true:

• The value of 27 TWO TREES ESTATE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2019 sale price of £353,000 represented a fair market value for the property.
• The size, condition, and specification of 27 TWO TREES ESTATE has not materially changed since February 2019.

How Large is 27 TWO TREES ESTATE?

27 TWO TREES ESTATE is 112m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 50% 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 27 TWO TREES ESTATE lies on this distribution: 55% of detached houses houses are smaller than 27 TWO TREES ESTATE, and 45% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

27 TWO TREES ESTATE: Plot and Title Map

27 TWO TREES ESTATE sits on a plot of roughly 0.260 of an acre, or 1,052m². The below map shows the location of 27 TWO TREES ESTATE, 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 27 TWO TREES ESTATE). 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 27 TWO TREES ESTATE?

27 TWO TREES ESTATE is located in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of No. 27 on TWO TREES ESTATE.