PENQUITE, FERNLEIGH ROAD, WADEBRIDGE, PL27 7BB - £795,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

PENQUITE is a very large extended detached house of 230m², built sometime between 1930 and 1949. It was last sold for £795,000 in July 2024, which was around 85% above the average July 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2024, where the current energy rating was F, and the potential energy rating was B.

PENQUITE Sold Prices

Land registry data shows four sales for PENQUITE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four PENQUITE 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
2024 30 JUL	£795,000	£429,760	85% above HPI
2013 5 AUG	£445,000	£276,259	61% above HPI
2003 6 JAN	£307,500	£196,316	57% above HPI
2001 14 FEB	£131,000	£119,290	10% above HPI

PENQUITE 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 four PENQUITE sales between February 2001 and July 2024 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 August 2013 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2024 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is PENQUITE?

PENQUITE is 230m², which includes one extension, according to the EPC inspection conducted in March 2024. 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 PENQUITE lies on this distribution: 98% of detached houses are smaller than PENQUITE, and 2% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

PENQUITE: Plot and Title Map

PENQUITE sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of PENQUITE, 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 PENQUITE). 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 PENQUITE?

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