1, VILLAGE FARM CLOSE, MARHAMCHURCH, BUDE, EX23 0HN - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 VILLAGE FARM CLOSE is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £425,000 in August 2024, which was around 1% below the average August 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

1 VILLAGE FARM CLOSE Sold Prices

Land registry data shows two sales for 1 VILLAGE FARM 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. Both of the two 1 VILLAGE FARM CLOSE sales were 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
2024 1 AUG	£425,000	£430,046	1% below HPI
2003 24 FEB	£149,950	£197,969	24% below HPI

1 VILLAGE FARM 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 VILLAGE FARM CLOSE sales from February 2003 and August 2024 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 February 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 1 VILLAGE FARM CLOSE?

1 VILLAGE FARM CLOSE is 119m² according to the EPC inspection conducted in January 2024. This puts it in the largest 50% of detached houses in Marhamchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Marhamchurch, and where 1 VILLAGE FARM CLOSE lies on this distribution: 54% of detached houses are smaller than 1 VILLAGE FARM CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Marhamchurch.

1 VILLAGE FARM CLOSE: Plot and Title Map

1 VILLAGE FARM CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 1 VILLAGE FARM 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 VILLAGE FARM 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 VILLAGE FARM CLOSE?

1 VILLAGE FARM CLOSE is located in MARHAMCHURCH, in the EX23 postcode district. The below map shows the position of No. 1 on VILLAGE FARM CLOSE.