18, ORCHARD CLOSE, POUGHILL, BUDE, EX23 9ES - £325,000

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

18 ORCHARD CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £325,000 in May 2022, which was around 25% below the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

18 ORCHARD CLOSE Sold Prices

Land registry data shows four sales for 18 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 18 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
2022 13 MAY	£325,000	£432,329	25% below HPI
2005 28 OCT	£227,000	£262,664	14% below HPI
2001 5 JAN	£78,500	£118,375	34% below HPI
1995 6 JAN	£44,000	£69,151	36% below HPI

18 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 four 18 ORCHARD CLOSE sales between January 1995 and May 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 October 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 18 ORCHARD CLOSE?

18 ORCHARD CLOSE is 66m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Poughill, based on EPC data. The below chart shows the distribution of detached houses by size in Poughill, and where 18 ORCHARD CLOSE lies on this distribution: 13% of detached houses are smaller than 18 ORCHARD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Poughill.

18 ORCHARD CLOSE: Plot and Title Map

18 ORCHARD CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 18 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 18 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 18 ORCHARD CLOSE?

18 ORCHARD CLOSE is located in POUGHILL, in the EX23 postcode district. The below map shows the position of No. 18 on ORCHARD CLOSE.