LEACROFT, WHITEROCK, WADEBRIDGE, PL27 7EH - £305,000

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.

LEACROFT is a large extended detached house of 139m², built sometime between 1930 and 1949, which could now be worth an estimated £465,396. It was last sold for £305,000 in August 2012, which was around 10% above the average August 2012 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 C.

LEACROFT Sold Prices

Land registry data shows two sales for LEACROFT 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 LEACROFT sales was for above the average price, whilst the other was for below 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
2012 17 AUG	£305,000	£276,397	10% above HPI
2005 14 JAN	£215,000	£263,236	18% below HPI

LEACROFT 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 LEACROFT sales from January 2005 and August 2012 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 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2012 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might LEACROFT be worth now?

LEACROFT might now be worth an estimated £465,396.

This is based on house price inflation of 52.6%, between August 2012 and July 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 52.6% inflationary increase is applied to the most recent sale price for LEACROFT of £305,000 on 17th August 2012. For the value to have increased from £305,000 to £465,396 over the fourteen years and one month to July 2026, the following assumptions must hold true:

• The value of LEACROFT has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2012 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of LEACROFT has not materially changed since August 2012.

How Large is LEACROFT?

LEACROFT is 139m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 30% 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 LEACROFT lies on this distribution: 75% of detached houses houses are smaller than LEACROFT, and 25% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

LEACROFT: Plot and Title Map

LEACROFT sits on a plot of roughly 0.229 of an acre, or 928m². The below map shows the location of LEACROFT, 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 LEACROFT). 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 LEACROFT?

LEACROFT is located in WHITEROCK, in the PL27 postcode district. The below map shows the position of LEACROFT in WHITEROCK.