8, GWELAVON CLOSE, WADEBRIDGE, PL27 6BE - £370,000

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

8 GWELAVON CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £370,000 in September 2023, which was around 17% below the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

8 GWELAVON CLOSE Sold Prices

Land registry data shows four sales for 8 GWELAVON CLOSE 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 8 GWELAVON CLOSE 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
2023 6 SEP	£370,000	£444,914	17% below HPI
2019 28 FEB	£255,000	£334,777	24% below HPI
2015 17 APR	£221,000	£292,933	25% below HPI
1998 31 JUL	£69,995	£90,125	22% below HPI

8 GWELAVON 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 four 8 GWELAVON CLOSE sales between July 1998 and September 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 February 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 GWELAVON CLOSE?

8 GWELAVON CLOSE is 72m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where 8 GWELAVON CLOSE lies on this distribution: 11% of detached houses are smaller than 8 GWELAVON CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

8 GWELAVON CLOSE: Plot and Title Map

8 GWELAVON CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 8 GWELAVON 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 8 GWELAVON 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 8 GWELAVON CLOSE?

8 GWELAVON CLOSE is located in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of No. 8 on GWELAVON CLOSE.