16, ROWAN ROAD, WADEBRIDGE, PL27 7SN - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 ROWAN ROAD is a large detached house of 146m², built in 2012, which could now be worth an estimated £485,858. It was last sold for £500,000 in June 2022, which was around 13% above the average June 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

16 ROWAN ROAD Sold Prices

Land registry data shows three sales for 16 ROWAN ROAD 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 16 ROWAN ROAD 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
2022 6 JUN	£500,000	£441,083	13% above HPI
2018 4 SEP	£420,000	£340,810	23% above HPI
2014 18 JUL	£374,950	£285,570	31% above HPI

16 ROWAN ROAD 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 16 ROWAN ROAD sales between July 2014 and June 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 2018 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 16 ROWAN ROAD be worth now?

16 ROWAN ROAD might now be worth an estimated £485,858.

This is based on house price deflation of 2.8%, between June 2022 and May 2026, 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 2.8% deflationary decrease is applied to the most recent sale price for 16 ROWAN ROAD of £500,000 on 6th June 2022. For the value to have decreased from £500,000 to £485,858 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 16 ROWAN ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ROWAN ROAD has not materially changed since June 2022.

How Large is 16 ROWAN ROAD?

16 ROWAN ROAD is 146m² according to the EPC inspection conducted in November 2014. 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 16 ROWAN ROAD lies on this distribution: 79% of detached houses houses are smaller than 16 ROWAN ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

16 ROWAN ROAD: Plot and Title Map

16 ROWAN ROAD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 16 ROWAN ROAD, 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 16 ROWAN ROAD). 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 16 ROWAN ROAD?

16 ROWAN ROAD is located in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of No. 16 on ROWAN ROAD.