HOMELEIGH, WEST HILL, WADEBRIDGE, PL27 7HR - £245,000

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

HOMELEIGH is a small extended detached house of 82m², built sometime between 1930 and 1949. It was last sold for £245,000 in February 2017, which was around 20% below the average February 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

HOMELEIGH Sold Prices

Land registry data shows two sales for HOMELEIGH 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 HOMELEIGH 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
2017 24 FEB	£245,000	£308,028	20% below HPI
2002 30 MAY	£99,950	£154,610	35% below HPI

HOMELEIGH 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 HOMELEIGH sales from May 2002 and February 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 May 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is HOMELEIGH?

HOMELEIGH is 82m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where HOMELEIGH lies on this distribution: 22% of detached houses are smaller than HOMELEIGH, and 78% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

HOMELEIGH: Plot and Title Map

HOMELEIGH sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of HOMELEIGH, 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 HOMELEIGH). 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 HOMELEIGH?

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