SURFS EDGE, POLZEATH, WADEBRIDGE, PL27 6ST - £595,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SURFS EDGE is a large detached house of 213m², built sometime between 1967 and 1975, which could now be worth an estimated £833,555. It was last sold for £595,000 in December 2016, which was around 91% above the average December 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

SURFS EDGE Sold Prices

Land registry data shows four sales for SURFS EDGE 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. Most of the four SURFS EDGE 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
2016 15 DEC	£595,000	£312,100	91% above HPI
2006 14 SEP	£542,500	£280,018	94% above HPI
2000 25 AUG	£173,000	£119,841	44% above HPI
1998 10 JUL	£87,500	£91,545	4% below HPI

SURFS EDGE 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 SURFS EDGE sales between July 1998 and December 2016 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 September 2006 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the December 2016 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might SURFS EDGE be worth now?

SURFS EDGE might now be worth an estimated £833,555.

This is based on house price inflation of 40.1%, between December 2016 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 40.1% inflationary increase is applied to the most recent sale price for SURFS EDGE of £595,000 on 15th December 2016. For the value to have increased from £595,000 to £833,555 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of SURFS EDGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2016 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of SURFS EDGE has not materially changed since December 2016.

How Large is SURFS EDGE?

SURFS EDGE is 213m² according to the EPC inspection conducted in January 2014. This puts it in the largest 30% of detached houses houses in Polzeath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Polzeath, and where SURFS EDGE lies on this distribution: 75% of detached houses houses are smaller than SURFS EDGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Polzeath.

SURFS EDGE: Plot and Title Map

SURFS EDGE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of SURFS EDGE, 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 SURFS EDGE). 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 SURFS EDGE?

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