12, REDWOOD GROVE, BUDE, EX23 8EB - £355,500

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.

12 REDWOOD GROVE is a very small extended semi-detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £366,150. It was last sold for £355,500 in April 2022, which was around 27% above the average April 2022 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

12 REDWOOD GROVE Sold Prices

Land registry data shows two sales for 12 REDWOOD GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 12 REDWOOD GROVE sales were for above 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
2022 1 APR	£355,500	£279,865	27% above HPI
2004 5 MAR	£165,000	£150,128	10% above HPI

12 REDWOOD GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 12 REDWOOD GROVE sales from March 2004 and April 2022 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 March 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 12 REDWOOD GROVE be worth now?

12 REDWOOD GROVE might now be worth an estimated £366,150.

This is based on house price inflation of 3%, between April 2022 and February 2025, for semi-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 3% inflationary increase is applied to the most recent sale price for 12 REDWOOD GROVE of £355,500 on 1st April 2022. For the value to have increased from £355,500 to £366,150 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 12 REDWOOD GROVE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The April 2022 sale price of £355,500 represented a fair market value for the property.
• The size, condition, and specification of 12 REDWOOD GROVE has not materially changed since April 2022.

How Large is 12 REDWOOD GROVE?

12 REDWOOD GROVE is 73m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of semi-detached houses houses in Bude, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bude, and where 12 REDWOOD GROVE lies on this distribution: 15% of semi-detached houses houses are smaller than 12 REDWOOD GROVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bude.

12 REDWOOD GROVE: Plot and Title Map

12 REDWOOD GROVE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 12 REDWOOD GROVE, 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 12 REDWOOD GROVE). 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 12 REDWOOD GROVE?

12 REDWOOD GROVE is located in BUDE, in the EX23 postcode district. The below map shows the position of No. 12 on REDWOOD GROVE.