THE PADDOCK, GONVENA HILL, WADEBRIDGE, PL27 6DH - £499,500

THE PADDOCK is a midsized detached house of 104m², built sometime between 1983 and 1990. It was last sold for £499,500 in July 2022, which was around 14% above the average July 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

THE PADDOCK Sold Prices

Land registry data shows four sales for THE PADDOCK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four THE PADDOCK 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 19 JUL	£499,500	£439,388	14% above HPI
2020 28 MAY	£392,000	£340,529	15% above HPI
2018 25 JUL	£335,000	£330,346	1% above HPI
2010 26 FEB	£272,500	£268,997	1% above HPI

THE PADDOCK 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 four THE PADDOCK sales between February 2010 and July 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 May 2020 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is THE PADDOCK?

THE PADDOCK is 104m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of detached houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where THE PADDOCK lies on this distribution: 45% of detached houses are smaller than THE PADDOCK, and 55% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

THE PADDOCK: Plot and Title Map

THE PADDOCK sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of THE PADDOCK, 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 PADDOCK). 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 PADDOCK?

THE PADDOCK is located on GONVENA HILL in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of THE PADDOCK on GONVENA HILL.