THE POINT, DUNDER HILL, POLZEATH, WADEBRIDGE, PL27 6SU - £860,000

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 POINT is a very small detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £1,303,511. It was last sold for £860,000 in April 2007, which was around 198% above the average April 2007 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

THE POINT Sold Prices

Land registry data shows two sales for THE POINT 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 THE POINT 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
2007 12 APR	£860,000	£288,466	198% above HPI
2003 15 JUL	£325,000	£217,682	49% above HPI

THE POINT 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 POINT sales from July 2003 and April 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 July 2003 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the April 2007 sale, where it rises to 198% above the HPI. The line then continues to track at 198% above the HPI.

What might THE POINT be worth now?

THE POINT might now be worth an estimated £1,303,511.

This is based on house price inflation of 51.6%, between April 2007 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 51.6% inflationary increase is applied to the most recent sale price for THE POINT of £860,000 on 12th April 2007. For the value to have increased from £860,000 to £1,303,511 over the eighteen years and two months to February 2025, the following assumptions must hold true:

• The value of THE POINT has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2007 sale price of £860,000 represented a fair market value for the property.
• The size, condition, and specification of THE POINT has not materially changed since April 2007.

How Large is THE POINT?

THE POINT is 87m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% 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 THE POINT lies on this distribution: 11% of detached houses houses are smaller than THE POINT, and 89% of houses are larger. Note that EPC data is not available for all properties in Polzeath.

THE POINT: Plot and Title Map

THE POINT sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of THE POINT, 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 POINT). 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 POINT?

THE POINT is located on DUNDER HILL in POLZEATH, in the PL27 postcode district. The below map shows the position of THE POINT on DUNDER HILL.