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

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.

3 OLD SCHOOL CLOSE is a small extended detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £538,537. It was last sold for £540,000 in December 2023, which was around 23% 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	£438,419	23% above HPI
1999 16 NOV	£122,500	£103,500	18% 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 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 3 OLD SCHOOL CLOSE be worth now?

3 OLD SCHOOL CLOSE might now be worth an estimated £538,537.

This is based on house price deflation of 0.3%, between December 2023 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 0.3% deflationary decrease is applied to the most recent sale price for 3 OLD SCHOOL CLOSE of £540,000 on 5th December 2023. For the value to have decreased from £540,000 to £538,537 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 OLD SCHOOL CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2023 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD SCHOOL CLOSE has not materially changed since December 2023.

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 houses in Tredrizzick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tredrizzick, and where 3 OLD SCHOOL CLOSE lies on this distribution: 23% of detached houses 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.