NIRVANA, TREVANSON ROAD, WADEBRIDGE, PL27 7HD - £360,000

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

NIRVANA is a small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £360,000 in September 2017, which was around 12% above the average September 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

NIRVANA Sold Prices

Land registry data shows two sales for NIRVANA 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 NIRVANA 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
2017 26 SEP	£360,000	£321,865	12% above HPI
2011 25 OCT	£293,500	£274,646	7% above HPI

NIRVANA 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 NIRVANA sales from October 2011 and September 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 October 2011 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2017 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is NIRVANA?

NIRVANA is 86m², which includes one extension, according to the EPC inspection conducted in June 2010. 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 NIRVANA lies on this distribution: 25% of detached houses are smaller than NIRVANA, and 75% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

NIRVANA: Plot and Title Map

NIRVANA sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of NIRVANA, 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 NIRVANA). 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 NIRVANA?

NIRVANA is located on TREVANSON ROAD in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of NIRVANA on TREVANSON ROAD.