1, OLD DROVERS WAY, STRATTON, BUDE, EX23 9DZ - £497,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 OLD DROVERS WAY is a very large detached house of 240m², built sometime between 1996 and 2002. It was last sold for £497,500 in April 2015, which was around 70% above the average April 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

1 OLD DROVERS WAY Sold Prices

Land registry data shows two sales for 1 OLD DROVERS WAY 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 1 OLD DROVERS WAY 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
2015 15 APR	£497,500	£292,933	70% above HPI
2002 20 JUN	£327,500	£158,774	106% above HPI

1 OLD DROVERS WAY 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 OLD DROVERS WAY sales from June 2002 and April 2015 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 2002 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the April 2015 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 1 OLD DROVERS WAY?

1 OLD DROVERS WAY is 240m² according to the EPC inspection conducted in October 2013. This puts it in the largest 10% of detached houses in Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Stratton, and where 1 OLD DROVERS WAY lies on this distribution: 91% of detached houses are smaller than 1 OLD DROVERS WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Stratton.

1 OLD DROVERS WAY: Plot and Title Map

1 OLD DROVERS WAY sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of 1 OLD DROVERS WAY, 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 OLD DROVERS WAY). 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 OLD DROVERS WAY?

1 OLD DROVERS WAY is located in STRATTON, in the EX23 postcode district. The below map shows the position of No. 1 on OLD DROVERS WAY.