THE JASMINE, TRENANT VALE, WADEBRIDGE, PL27 6AL - £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

THE JASMINE is a large detached house of 146m², which could now be worth an estimated £560,873. It was last sold for £595,000 in October 2022, which was around 28% above the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was B.

THE JASMINE Sold Prices

Land registry data shows three sales for THE JASMINE 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. Two of the three THE JASMINE sales were for above the average price, whilst one was for below 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 17 OCT	£595,000	£463,835	28% above HPI
2020 3 SEP	£430,000	£360,367	19% above HPI
2003 28 FEB	£110,000	£201,088	45% below HPI

THE JASMINE 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 THE JASMINE sales between February 2003 and October 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 September 2020 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2022 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might THE JASMINE be worth now?

THE JASMINE might now be worth an estimated £560,873.

This is based on house price deflation of 5.7%, between October 2022 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 5.7% deflationary decrease is applied to the most recent sale price for THE JASMINE of £595,000 on 17th October 2022. For the value to have decreased from £595,000 to £560,873 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of THE JASMINE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2022 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of THE JASMINE has not materially changed since October 2022.

How Large is THE JASMINE?

THE JASMINE is 146m² according to the EPC inspection conducted in June 2020. 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 THE JASMINE lies on this distribution: 80% of detached houses houses are smaller than THE JASMINE, and 19% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

THE JASMINE: Plot and Title Map

THE JASMINE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of THE JASMINE, 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 THE JASMINE). 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 THE JASMINE?

THE JASMINE is located on TRENANT VALE in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of THE JASMINE on TRENANT VALE.