Wheel Cottage, Wadebridge
Wheel Cottage, Wadebridge
Description & Estimates
Wheel Cottage, Wadebridge is recorded publicly as a period freehold house across 753 ft2 of internal area, sitting on a 65.4 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Wheel Cottage, Wadebridge is £318,396 and its rental estimate is £1,299 per month, given the available information and assuming reasonable condition.
Polmorla Road, Wadebridge, PL27 falls within the PL27 postal district.
Our Data Sources
Wheel Cottage, Wadebridge has 31 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Wheel Cottage, Wadebridge, we estimate a market value of £334,316 and a rental value of £1,364 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £296,108 and £1,208 per month respectively.
Recent Market Change
Over the last year, Wheel Cottage, Wadebridge has seen its estimated sale value drop by £1,636 (0.5%) and its estimated rental value rise by £53 per month (4.1%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for Wheel Cottage, Wadebridge as measuring 65 m2.
That makes it the 5th largest plot in the postcode, where 2 of the 3 other houses have recorded plot data.
Energy Efficiency
Wheel Cottage, Wadebridge has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 30 May 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Wheel Cottage, Wadebridge completed on 29th July 2022 at £300,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 9.0% over the period since July 2022.
- Sold Jul 2022£300,000
- Sold Jul 2013£98,000
- Sold Sep 2002£90,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Wheel Cottage, Wadebridge have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th January 2023, was 12, Trevanion Road, Wadebridge, PL27 7NZ, a freehold house which sold for £259,950.
Read more about house prices in PL27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 31 addresses on Polmorla Road, Wadebridge, PL27, Wheel Cottage, Wadebridge comes out as the 9th largest and the 3rd most expensive in our analysis of the public data.
It is also £262k less expensive than the average property across the PL27 district.
More reading links
Schools Nearby
- 300mSt Breock Primary School
- 1.1kmWadebridge Primary Academy
- 5.5kmSt Mabyn CofE School
- 1.1kmWadebridge School
- 10.9kmBodmin College
- 16.2kmSir James Smith's School
More reading links
Public Transport Nearby
From Wheel Cottage, Wadebridge, the nearest station is Roche, 10.7 kilometres away.
- 10.7kmRoche
- 13.2kmBugle
- 14.6kmBodmin Parkway
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
