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

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

ELMAR is a very large extended detached house of 179m², built sometime between 1930 and 1949. It was last sold for £565,000 in June 2023, which was around 29% 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	£436,400	29% above HPI
2014 17 JUL	£410,000	£281,141	46% above HPI
2009 5 MAY	£358,000	£251,618	42% above HPI
2006 11 OCT	£250,000	£279,173	10% below HPI
1999 1 OCT	£83,500	£100,316	17% 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 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2023 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

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 in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where ELMAR lies on this distribution: 93% of detached 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.