3, OLD SCHOOL CLOSE, TREDRIZZICK, WADEBRIDGE, PL27 6PH - £540,000

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

3 OLD SCHOOL CLOSE is a small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £540,000 in December 2023, which was around 25% above the average December 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was C.

3 OLD SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 3 OLD SCHOOL CLOSE 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 3 OLD SCHOOL CLOSE sales were for above 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
2023 5 DEC	£540,000	£432,965	25% above HPI
1999 16 NOV	£122,500	£101,894	20% above HPI

3 OLD SCHOOL 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 two 3 OLD SCHOOL CLOSE sales from November 1999 and December 2023 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 November 1999 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 OLD SCHOOL CLOSE?

3 OLD SCHOOL CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of detached houses in Tredrizzick, based on EPC data. The below chart shows the distribution of detached houses by size in Tredrizzick, and where 3 OLD SCHOOL CLOSE lies on this distribution: 23% of detached houses are smaller than 3 OLD SCHOOL CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Tredrizzick.

3 OLD SCHOOL CLOSE: Plot and Title Map

3 OLD SCHOOL CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 OLD SCHOOL 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 3 OLD SCHOOL 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 3 OLD SCHOOL CLOSE?

3 OLD SCHOOL CLOSE is located in TREDRIZZICK, in the PL27 postcode district. The below map shows the position of No. 3 on OLD SCHOOL CLOSE.