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
11 MEADOW DRIVE is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £350,000 in August 2023, which was around 21% below the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 11 MEADOW DRIVE since 1st 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 11 MEADOW DRIVE 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 |
---|---|---|---|
2023 25 AUG | £350,000 | £443,993 | 21% below HPI |
1998 28 AUG | £73,000 | £90,247 | 19% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 11 MEADOW DRIVE sales from August 1998 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 August 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
11 MEADOW DRIVE is 94m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of detached houses in Bude, based on EPC data. The below chart shows the distribution of detached houses by size in Bude, and where 11 MEADOW DRIVE lies on this distribution: 39% of detached houses are smaller than 11 MEADOW DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Bude.
11 MEADOW DRIVE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 11 MEADOW DRIVE, 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 11 MEADOW DRIVE). 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.
11 MEADOW DRIVE is located in BUDE, in the EX23 postcode district. The below map shows the position of No. 11 on MEADOW DRIVE.