Sold STC Plot

1 BALL COTTAGES

WADEBRIDGE, EGLOSHAYLE, CORNWALL PL27 6EE

1,259 sq ft Listed 5 Jun 2020 (-2199d)

£425,000

Guide Price

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Photo 1 Site Layout Proposed dwelling Countryside to north Location Plan

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Property details

Tenure

FREEHOLD

Floor area

117 m²

EPC rating

D

Year built

England and Wales: 1900-1929

Last sold

£275,000 Jan 2021

Price per m²

£3,632/m²

Local average

£1,217,500 (-65.1%)

Deprivation

Decile 5 (15,867 of 33,755)

Street crime

30 incidents within 1 mile (Apr 2026)

Key features

  • Detailed Planning Permission (PA19/08169)
  • Proposed development of four 4/5 bedroom detached dwellings
  • Each property extends to c. 1744sqft
  • Integral garage, parking, front and rear gardens
  • Guide Price £425,000

Additional details

Parking
Yes
Garden
Yes

Description

THE SITE

This elevated development site is located on the north-eastern edge of Wadebridge in Cornwall and extends to c. 0.25ha / 0.62 acres. The site offers detailed planning approval (Ref. PA19/08169) for the construction of four new dwellings. The properties are shown on the approved plans as 1.5 storey, 4/5 bedroom properties each with a gross internal floor area extending to c. 162sqm (1744sqft). Each property is also shown to benefit from an integral garage, front and rear garden areas and off road parking.

The site will be accessed via an existing vehicular entrance, the first section of which currently serves the adjacent 'Ball Cottages'. The new properties will offer views over adjacent farmland.

WADEBRIDGE

Wadebridge is one of North Cornwall's main market towns and offers a shoppers a range of both national retailers and an eclectic mix of local independent shops, cafés, pubs and restaurants plus a Tesco at the top of West Hill. There is also a primary and secondary school and modern sports centre.

The town is a gateway to the beautiful scenery and stunning beaches of Rock and Polzeath and is home to the famous Camel Trail, a walk and cycle path that runs from Bodmin to Padstow. The Trail is renowned for providing a delightful , traffic free way to walk or cycle to Padstow and the coast, or inland through wooded valleys to Bodmin and the moor.


METHOD OF SALE

Offers are invited for this freehold site from a Guide Price of £425,000.

VIEWING

Please contact the vendors sole agents KLP to arrange to view the site.

PLANNING & CIL

Planning application ref. PA19/08169 was approved by Cornwall Council on the 31st March 2020 for the "Erection of 4 detached dwellings with integral garages and bat house". The application is liable for CIL (Community Infrastructure Levy) in the total sum of c. £67,700.

Copies of the planning approval and associated documents are available electronically upon request.

SERVICES

KLP are advised by the vendor that foul and surface water drainage, mains water and mains electricity are all available to the site boundary. There are existing electricity poles on the site - the vendor has served notice to Western power for these to be moved from the site.

Interested parties are however advised to contact the relevant utility companies to confirm the nearest connection points and suitable capacity prior to making any offer.

Listed by

Exeter

Kitchener Land and Planning Limited

Reference: 93150644

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 18/02/2020

Expiry date: 17/02/2030

Current heating cost: £773/year

Potential heating cost: £728/year

Est. upgrade cost to C: £9,900

Recommendations

  • Time and temperature zone control (£350 - £450)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

206% since 2016

Event Date Price % change
Sold 15/01/2021 (5 years ago) £275,000 +205.6%
Sold 28/10/2016 (9 years ago) £90,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Sold comparables data is not available for this property.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -55.1%
10y growth 150%

House Price Index (HM Land Registry — official index, not sold-price averages): Cornwall. Series: All dwelling types. As of March 2026.

1y (index) -2.4%
5y (index) 9.1%
10y (index) 33.8%

Rental Range

Estimated market rent for Cornwall. Low = conservative, Realistic = average, Optimistic = best case.

Low £902/mo
Realistic £1,002/mo
Optimistic £1,102/mo

Based on Local Authority from postcode lookup → Cornwall.

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Gonvena Hill 0.2 miles
Bus stop Unknown 0.2 miles
Shop Jewson 0.2 miles
Shop Spar 0.7 miles
Train station Boscarne Junction 4.3 miles
Hospital Bodmin Hospital 5.2 miles
Train station Bodmin General 6.0 miles

Street-level crime

Category Count
Violence and sexual offences 15
Other theft 5
Criminal damage and arson 4
Anti-social behaviour 2
Public order 2
Drugs 1
Shoplifting 1
Total incidents 30

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Wadebridge Primary Academy Primary 0.5 miles Good — 19 Jun 2023
Wadebridge School Secondary 0.5 miles Good — 15 Jan 2020
St Breock Primary School Primary 1.2 miles Good — 12 Jul 2012
St Mabyn CofE School Primary 2.5 miles Good — 7 Mar 2017
St Kew Academy Primary 2.6 miles Good — 9 Sep 2016

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Glen Road, PL27 £800/mo 1 1.02 miles OpenRent

Average rent: £800/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.19%
Max investor price (0.8%) £100,000
Target investor price (1%) £80,000
Gross yield 2.3%
Cost-to-rent ratio 44.3×
Monthly cashflow £-979/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -9.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).