THE LOOKOUT, HIGHER TRISTRAM, POLZEATH, WADEBRIDGE, PL27 6TF - £512,000

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 LOOKOUT is a very large detached house of 325m². It was last sold for £512,000 in June 2005, which was around 98% above the average June 2005 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

THE LOOKOUT Sold Prices

Land registry data shows three sales for THE LOOKOUT 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. All of the three THE LOOKOUT 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
2005 9 JUN	£512,000	£258,643	98% above HPI
2002 28 JAN	£179,000	£144,481	24% above HPI
1998 9 OCT	£150,000	£91,148	65% above HPI

THE LOOKOUT 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 LOOKOUT sales between October 1998 and June 2005 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 January 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2005 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

How Large is THE LOOKOUT?

THE LOOKOUT is 325m² according to the EPC inspection conducted in January 2011. 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 THE LOOKOUT lies on this distribution: 94% of detached houses are smaller than THE LOOKOUT, and 6% of houses are larger. Note that EPC data is not available for all properties in Polzeath.

THE LOOKOUT: Plot and Title Map

THE LOOKOUT sits on a plot of roughly 0.267 of an acre, or 1,079m². The below map shows the location of THE LOOKOUT, 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 LOOKOUT). 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 LOOKOUT?

THE LOOKOUT is located on HIGHER TRISTRAM in POLZEATH, in the PL27 postcode district. The below map shows the position of THE LOOKOUT on HIGHER TRISTRAM.