ELMAR, WEST HILL, WADEBRIDGE, PL27 7EL - £565,000

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.

ELMAR is a very large extended detached house of 179m², built sometime between 1930 and 1949, which could now be worth an estimated £557,295. It was last sold for £565,000 in June 2023, which was around 27% above the average June 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

ELMAR Sold Prices

Land registry data shows five sales for ELMAR 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. Most of the five ELMAR sales were 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
2023 30 JUN	£565,000	£443,276	27% above HPI
2014 17 JUL	£410,000	£285,570	44% above HPI
2009 5 MAY	£358,000	£255,582	40% above HPI
2006 11 OCT	£250,000	£283,571	12% below HPI
1999 1 OCT	£83,500	£101,896	18% below HPI

ELMAR 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 ELMAR sales between October 1999 and June 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 July 2014 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2023 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might ELMAR be worth now?

ELMAR might now be worth an estimated £557,295.

This is based on house price deflation of 1.4%, between June 2023 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 1.4% deflationary decrease is applied to the most recent sale price for ELMAR of £565,000 on 30th June 2023. For the value to have decreased from £565,000 to £557,295 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of ELMAR has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2023 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of ELMAR has not materially changed since June 2023.

How Large is ELMAR?

ELMAR is 179m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 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 ELMAR lies on this distribution: 93% of detached houses houses are smaller than ELMAR, and 7% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

ELMAR: Plot and Title Map

ELMAR sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of ELMAR, 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 ELMAR). 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 ELMAR?

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