1, KINGS HILL CLOSE, BUDE, EX23 8RR - £385,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 KINGS HILL CLOSE is a midsized detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £373,256. It was last sold for £385,000 in August 2023, which was around 15% below the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

1 KINGS HILL CLOSE Sold Prices

Land registry data shows two sales for 1 KINGS HILL CLOSE 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 1 KINGS HILL CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2023 4 AUG	£385,000	£450,988	15% below HPI
2001 18 SEP	£138,500	£139,082	Close to HPI

1 KINGS HILL CLOSE 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 1 KINGS HILL CLOSE sales from September 2001 and August 2023 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 September 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 KINGS HILL CLOSE be worth now?

1 KINGS HILL CLOSE might now be worth an estimated £373,256.

This is based on house price deflation of 3.1%, between August 2023 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% deflationary decrease is applied to the most recent sale price for 1 KINGS HILL CLOSE of £385,000 on 4th August 2023. For the value to have decreased from £385,000 to £373,256 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 1 KINGS HILL CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2023 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 1 KINGS HILL CLOSE has not materially changed since August 2023.

How Large is 1 KINGS HILL CLOSE?

1 KINGS HILL CLOSE is 98m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses houses in Bude, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bude, and where 1 KINGS HILL CLOSE lies on this distribution: 41% of detached houses houses are smaller than 1 KINGS HILL CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Bude.

1 KINGS HILL CLOSE: Plot and Title Map

1 KINGS HILL CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 1 KINGS HILL CLOSE, 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 1 KINGS HILL CLOSE). 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 1 KINGS HILL CLOSE?

1 KINGS HILL CLOSE is located in BUDE, in the EX23 postcode district. The below map shows the position of No. 1 on KINGS HILL CLOSE.