WEST RAY, POLZEATH, WADEBRIDGE, PL27 6ST - £772,000

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

WEST RAY is a small extended detached house of 119m², built sometime between 1900 and 1929. It was last sold for £772,000 in July 2015, which was around 160% above the average July 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2012, where the current energy rating was G, and the potential energy rating was D.

WEST RAY Sold Prices

Land registry data shows two sales for WEST RAY 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 WEST RAY 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
2015 31 JUL	£772,000	£297,102	160% above HPI
2013 20 DEC	£490,000	£275,187	78% above HPI

WEST RAY 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 WEST RAY sales from December 2013 and July 2015 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 December 2013 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the July 2015 sale, where it rises to 160% above the HPI. The line then continues to track at 160% above the HPI.

How Large is WEST RAY?

WEST RAY is 119m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% of detached houses in Polzeath, based on EPC data. The below chart shows the distribution of detached houses by size in Polzeath, and where WEST RAY lies on this distribution: 31% of detached houses are smaller than WEST RAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Polzeath.

WEST RAY: Plot and Title Map

WEST RAY sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of WEST RAY, 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 WEST RAY). 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 WEST RAY?

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