CRANBROOK, WEST HILL, WADEBRIDGE, PL27 7EW - £240,000

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.

CRANBROOK is a very small extended detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £340,860. It was last sold for £240,000 in September 2015, which was around 22% below the average September 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was D.

CRANBROOK Sold Prices

Land registry data shows two sales for CRANBROOK 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 CRANBROOK 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
2015 28 SEP	£240,000	£307,855	22% below HPI
2002 9 MAY	£120,500	£157,046	23% below HPI

CRANBROOK 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 CRANBROOK sales from May 2002 and September 2015 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 May 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might CRANBROOK be worth now?

CRANBROOK might now be worth an estimated £340,860.

This is based on house price inflation of 42%, between September 2015 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 42% inflationary increase is applied to the most recent sale price for CRANBROOK of £240,000 on 28th September 2015. For the value to have increased from £240,000 to £340,860 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of CRANBROOK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of CRANBROOK has not materially changed since September 2015.

How Large is CRANBROOK?

CRANBROOK is 68m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% 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 CRANBROOK lies on this distribution: 8% of detached houses houses are smaller than CRANBROOK, and 91% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

CRANBROOK: Plot and Title Map

CRANBROOK sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of CRANBROOK, 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 CRANBROOK). 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 CRANBROOK?

CRANBROOK is located on WEST HILL in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of CRANBROOK on WEST HILL.