SPINDRIFT, POLZEATH, WADEBRIDGE, PL27 6SX - £1,300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPINDRIFT is a small detached house of 104m², built sometime between 1950 and 1966. It was last sold for £1,300,000 in November 2022, which was around 182% above the average November 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was G, and the potential energy rating was E.

SPINDRIFT Sold Prices

Land registry data shows two sales for SPINDRIFT 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 SPINDRIFT 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
2022 29 NOV	£1,300,000	£461,377	182% above HPI
2015 12 NOV	£535,000	£306,547	75% above HPI

SPINDRIFT 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 SPINDRIFT sales from November 2015 and November 2022 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 2015 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the November 2022 sale, where it rises to 182% above the HPI. The line then continues to track at 182% above the HPI.

How Large is SPINDRIFT?

SPINDRIFT is 104m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in Polzeath, based on EPC data. The below chart shows the distribution of detached houses by size in Polzeath, and where SPINDRIFT lies on this distribution: 22% of detached houses are smaller than SPINDRIFT, and 76% of houses are larger. Note that EPC data is not available for all properties in Polzeath.

SPINDRIFT: Plot and Title Map

SPINDRIFT sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of SPINDRIFT, 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 SPINDRIFT). 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 SPINDRIFT?

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