THE LAURELS, TREVANSON ROAD, WADEBRIDGE, PL27 7HD - £285,000

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

THE LAURELS is a large detached house of 129m², built sometime between 1983 and 1990. It was last sold for £285,000 in May 2007, which was about the average May 2007 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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. One of the two THE LAURELS sales was roughly equal to the average price, whilst the other was 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
2007 18 MAY	£285,000	£286,298	Close to HPI
1996 20 MAY	£77,500	£70,377	10% above HPI

THE LAURELS 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 THE LAURELS sales from May 1996 and May 2007 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 1996 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2007 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is THE LAURELS?

THE LAURELS is 129m² according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where THE LAURELS lies on this distribution: 68% of detached houses are smaller than THE LAURELS, and 32% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on TREVANSON ROAD in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of THE LAURELS on TREVANSON ROAD.