CHY LEES, NEW PARK, WADEBRIDGE, PL27 7PL - £258,000

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

CHY LEES is a midsized detached house of 114m², built sometime between 1950 and 1966. It was last sold for £258,000 in April 2017, which was around 17% below the average April 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was D.

CHY LEES Sold Prices

Land registry data shows two sales for CHY LEES 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. One of the two CHY LEES sales was for below the average price, whilst the other was 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
2017 13 APR	£258,000	£311,432	17% below HPI
1999 8 JAN	£105,000	£91,704	14% above HPI

CHY LEES 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 CHY LEES sales from January 1999 and April 2017 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 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is CHY LEES?

CHY LEES is 114m² according to the EPC inspection conducted in July 2016. This puts it in the largest 50% of detached houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where CHY LEES lies on this distribution: 56% of detached houses are smaller than CHY LEES, and 42% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

CHY LEES: Plot and Title Map

CHY LEES sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of CHY LEES, 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 CHY LEES). 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 CHY LEES?

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