10, VILLAGE FARM CLOSE, MARHAMCHURCH, BUDE, EX23 0HN - £350,000

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.

10 VILLAGE FARM CLOSE is a large detached house of 136m², built sometime between 1996 and 2002, which could now be worth an estimated £440,100. It was last sold for £350,000 in October 2019, which was around 1% above the average October 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

10 VILLAGE FARM CLOSE Sold Prices

Land registry data shows three sales for 10 VILLAGE FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 10 VILLAGE FARM CLOSE sales were for above the average price, whilst one 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 2 OCT	£350,000	£347,718	1% above HPI
2006 12 JAN	£248,000	£261,195	5% below HPI
2000 28 JAN	£117,900	£104,965	12% above HPI

10 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 three 10 VILLAGE FARM CLOSE sales between January 2000 and October 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 January 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 10 VILLAGE FARM CLOSE be worth now?

10 VILLAGE FARM CLOSE might now be worth an estimated £440,100.

This is based on house price inflation of 25.7%, between October 2019 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 25.7% inflationary increase is applied to the most recent sale price for 10 VILLAGE FARM CLOSE of £350,000 on 2nd October 2019. For the value to have increased from £350,000 to £440,100 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 10 VILLAGE FARM CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 10 VILLAGE FARM CLOSE has not materially changed since October 2019.

How Large is 10 VILLAGE FARM CLOSE?

10 VILLAGE FARM CLOSE is 136m² according to the EPC inspection conducted in December 2010. This puts it in the largest 30% of detached houses houses in Marhamchurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marhamchurch, and where 10 VILLAGE FARM CLOSE lies on this distribution: 71% of detached houses houses are smaller than 10 VILLAGE FARM CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Marhamchurch.

10 VILLAGE FARM CLOSE: Plot and Title Map

10 VILLAGE FARM CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 10 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 10 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 10 VILLAGE FARM CLOSE?

10 VILLAGE FARM CLOSE is located in MARHAMCHURCH, in the EX23 postcode district. The below map shows the position of No. 10 on VILLAGE FARM CLOSE.