THE BRIDGE, WATER LANE, HAYLE, TR27 4JH - £428,000

THE BRIDGE is a large detached house of 129m², built sometime between 2003 and 2006. It was last sold for £428,000 in August 2016, which was around 42% above the average August 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

THE BRIDGE Sold Prices

Land registry data shows two sales for THE BRIDGE 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 BRIDGE 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
2016 8 AUG	£428,000	£300,903	42% above HPI
2003 20 JUN	£250,000	£210,608	19% above HPI

THE BRIDGE 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 BRIDGE sales from June 2003 and August 2016 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 June 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2016 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is THE BRIDGE?

THE BRIDGE is 129m² according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses by size in Hayle, and where THE BRIDGE lies on this distribution: 79% of detached houses are smaller than THE BRIDGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Hayle.

THE BRIDGE: Plot and Title Map

THE BRIDGE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of THE BRIDGE, 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 BRIDGE). 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 BRIDGE?

THE BRIDGE is located on WATER LANE in HAYLE, in the TR27 postcode district. The below map shows the position of THE BRIDGE on WATER LANE.