PEROMA, WEST HILL, WADEBRIDGE, PL27 7EJ - £450,000

PEROMA is a very large extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £450,000 in July 2017, which was around 44% above the average July 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

PEROMA Sold Prices

Land registry data shows two sales for PEROMA 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 PEROMA 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
2017 17 JUL	£450,000	£312,780	44% above HPI
2005 28 JAN	£256,000	£259,153	1% below HPI

PEROMA 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 PEROMA sales from January 2005 and July 2017 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2017 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is PEROMA?

PEROMA is 154m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 20% of detached houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where PEROMA lies on this distribution: 85% of detached houses are smaller than PEROMA, and 14% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

PEROMA: Plot and Title Map

PEROMA sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of PEROMA, 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 PEROMA). 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 PEROMA?

PEROMA is located on WEST HILL in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of PEROMA on WEST HILL.