CANBRAY, NEW PARK, WADEBRIDGE, PL27 7PN - £205,000

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.

CANBRAY is a large extended detached house of 123m², built sometime between 1930 and 1949, which could now be worth an estimated £267,120. It was last sold for £205,000 in July 2018, which was around 39% below the average July 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

CANBRAY Sold Prices

Land registry data shows five sales for CANBRAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five CANBRAY 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
2018 11 JUL	£205,000	£335,551	39% below HPI
2007 31 JAN	£170,000	£286,962	41% below HPI
2000 18 DEC	£95,000	£122,447	22% below HPI
1997 30 JUN	£62,500	£80,742	23% below HPI
1996 5 JUL	£57,500	£72,533	21% below HPI

CANBRAY 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 five CANBRAY sales between July 1996 and July 2018 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 January 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2018 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might CANBRAY be worth now?

CANBRAY might now be worth an estimated £267,120.

This is based on house price inflation of 30.3%, between July 2018 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 30.3% inflationary increase is applied to the most recent sale price for CANBRAY of £205,000 on 11th July 2018. For the value to have increased from £205,000 to £267,120 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of CANBRAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2018 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of CANBRAY has not materially changed since July 2018.

How Large is CANBRAY?

CANBRAY is 123m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 40% 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 CANBRAY lies on this distribution: 65% of detached houses houses are smaller than CANBRAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

CANBRAY: Plot and Title Map

CANBRAY sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of CANBRAY, 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 CANBRAY). 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 CANBRAY?

CANBRAY is located on NEW PARK in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of CANBRAY on NEW PARK.