RED ROOFS, TREVANION ROAD, WADEBRIDGE, PL27 7PA - £479,950

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.

RED ROOFS is a very large extended detached house of 166m², built sometime between 1900 and 1929, which could now be worth an estimated £672,750. It was last sold for £479,950 in December 2015, which was around 54% above the average December 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was D.

RED ROOFS Sold Prices

Land registry data shows three sales for RED ROOFS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three RED ROOFS 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
2015 4 DEC	£479,950	£311,927	54% above HPI
2000 24 MAY	£123,500	£110,860	11% above HPI
1997 7 JAN	£82,400	£77,837	6% above HPI

RED ROOFS 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 three RED ROOFS sales between January 1997 and December 2015 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 2000 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2015 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might RED ROOFS be worth now?

RED ROOFS might now be worth an estimated £672,750.

This is based on house price inflation of 40.2%, between December 2015 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 40.2% inflationary increase is applied to the most recent sale price for RED ROOFS of £479,950 on 4th December 2015. For the value to have increased from £479,950 to £672,750 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of RED ROOFS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2015 sale price of £479,950 represented a fair market value for the property.
• The size, condition, and specification of RED ROOFS has not materially changed since December 2015.

How Large is RED ROOFS?

RED ROOFS is 166m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% 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 RED ROOFS lies on this distribution: 90% of detached houses houses are smaller than RED ROOFS, and 10% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

RED ROOFS: Plot and Title Map

RED ROOFS sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of RED ROOFS, 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 RED ROOFS). 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 RED ROOFS?

RED ROOFS is located on TREVANION ROAD in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of RED ROOFS on TREVANION ROAD.