7, NEW PARK, WADEBRIDGE, PL27 7PL - £290,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 NEW PARK is a large extended semi-detached house of 122m², built sometime between 1930 and 1949. It was last sold for £290,000 in July 2020, which was around 16% below the average July 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

7 NEW PARK Sold Prices

Land registry data shows four sales for 7 NEW PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 7 NEW 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
2020 10 JUL	£290,000	£346,306	16% below HPI
2016 28 NOV	£265,000	£307,645	14% below HPI
2014 1 APR	£250,000	£281,215	11% below HPI
2008 26 MAR	£215,000	£291,226	26% below HPI

7 NEW 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 four 7 NEW PARK sales between March 2008 and July 2020 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 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 NEW PARK?

7 NEW PARK is 122m², which includes three extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of detached houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where 7 NEW PARK lies on this distribution: 64% of detached houses are smaller than 7 NEW PARK, and 35% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

7 NEW PARK: Plot and Title Map

7 NEW PARK sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 7 NEW 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 7 NEW 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 7 NEW PARK?

7 NEW PARK is located in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of No. 7 on NEW PARK.