11, OLD ORCHARD CLOSE, MARHAMCHURCH, BUDE, EX23 0EJ - £207,000

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.

11 OLD ORCHARD CLOSE is a very small detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £318,655. It was last sold for £207,000 in August 2010, which was around 27% below the average August 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

11 OLD ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 11 OLD ORCHARD 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 11 OLD ORCHARD 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
2010 3 AUG	£207,000	£284,028	27% below HPI
2001 16 JAN	£75,000	£120,240	38% below HPI

11 OLD ORCHARD 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 11 OLD ORCHARD CLOSE sales from January 2001 and August 2010 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 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2010 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 11 OLD ORCHARD CLOSE be worth now?

11 OLD ORCHARD CLOSE might now be worth an estimated £318,655.

This is based on house price inflation of 53.9%, between August 2010 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 53.9% inflationary increase is applied to the most recent sale price for 11 OLD ORCHARD CLOSE of £207,000 on 3rd August 2010. For the value to have increased from £207,000 to £318,655 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 11 OLD ORCHARD CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2010 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OLD ORCHARD CLOSE has not materially changed since August 2010.

How Large is 11 OLD ORCHARD CLOSE?

11 OLD ORCHARD CLOSE is 69m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% 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 11 OLD ORCHARD CLOSE lies on this distribution: 4% of detached houses houses are smaller than 11 OLD ORCHARD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Marhamchurch.

11 OLD ORCHARD CLOSE: Plot and Title Map

11 OLD ORCHARD CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 11 OLD ORCHARD 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 11 OLD ORCHARD 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 11 OLD ORCHARD CLOSE?

11 OLD ORCHARD CLOSE is located in MARHAMCHURCH, in the EX23 postcode district. The below map shows the position of No. 11 on OLD ORCHARD CLOSE.