1, POUNDFIELD CLOSE, STRATTON, BUDE, EX23 9AU - £397,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 POUNDFIELD CLOSE is a large extended detached house of 142m², built sometime between 1950 and 1966, which could now be worth an estimated £518,340. It was last sold for £397,500 in March 2019, which was around 17% above the average March 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

1 POUNDFIELD CLOSE Sold Prices

Land registry data shows two sales for 1 POUNDFIELD 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 POUNDFIELD CLOSE sales was for above the average price, whilst the other was for below 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
2019 29 MAR	£397,500	£340,493	17% above HPI
2015 21 MAY	£275,000	£300,519	8% below HPI

1 POUNDFIELD 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 POUNDFIELD CLOSE sales from May 2015 and March 2019 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 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 1 POUNDFIELD CLOSE be worth now?

1 POUNDFIELD CLOSE might now be worth an estimated £518,340.

This is based on house price inflation of 30.4%, between March 2019 and December 2024, 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 30.4% inflationary increase is applied to the most recent sale price for 1 POUNDFIELD CLOSE of £397,500 on 29th March 2019. For the value to have increased from £397,500 to £518,340 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of 1 POUNDFIELD CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2019 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 1 POUNDFIELD CLOSE has not materially changed since March 2019.

How Large is 1 POUNDFIELD CLOSE?

1 POUNDFIELD CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses houses in Stratton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stratton, and where 1 POUNDFIELD CLOSE lies on this distribution: 71% of detached houses houses are smaller than 1 POUNDFIELD CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Stratton.

1 POUNDFIELD CLOSE: Plot and Title Map

1 POUNDFIELD CLOSE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 1 POUNDFIELD 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 POUNDFIELD 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 POUNDFIELD CLOSE?

1 POUNDFIELD CLOSE is located in STRATTON, in the EX23 postcode district. The below map shows the position of No. 1 on POUNDFIELD CLOSE.