RESTOR, POLZEATH, WADEBRIDGE, PL27 6SX - £735,000

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

RESTOR is a very large detached house of 346m². It was last sold for £735,000 in January 2018, which was around 125% above the average January 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was B.

RESTOR Sold Prices

Land registry data shows two sales for RESTOR 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 RESTOR 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
2018 10 JAN	£735,000	£326,927	125% above HPI
2003 17 NOV	£285,000	£223,739	27% above HPI

RESTOR 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 RESTOR sales from November 2003 and January 2018 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 November 2003 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2018 sale, where it rises to 125% above the HPI. The line then continues to track at 125% above the HPI.

How Large is RESTOR?

RESTOR is 346m² according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses in Polzeath, based on EPC data. The below chart shows the distribution of detached houses by size in Polzeath, and where RESTOR lies on this distribution: 96% of detached houses are smaller than RESTOR, and 4% of houses are larger. Note that EPC data is not available for all properties in Polzeath.

RESTOR: Plot and Title Map

RESTOR sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of RESTOR, 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 RESTOR). 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 RESTOR?

RESTOR is located in POLZEATH, in the PL27 postcode district. The below map shows the position of RESTOR in POLZEATH.