2, PARC FER CLOSE, STRATTON, BUDE, EX23 9TA - £295,000

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

2 PARC FER CLOSE is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £295,000 in September 2017, which was around 8% below the average September 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

2 PARC FER CLOSE Sold Prices

Land registry data shows three sales for 2 PARC FER 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. All of the three 2 PARC FER 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
2017 1 SEP	£295,000	£321,865	8% below HPI
2007 7 JUN	£249,950	£286,937	13% below HPI
1995 15 AUG	£63,000	£69,663	10% below HPI

2 PARC FER 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 2 PARC FER CLOSE sales between August 1995 and September 2017 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 June 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 PARC FER CLOSE?

2 PARC FER CLOSE is 84m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Stratton, and where 2 PARC FER CLOSE lies on this distribution: 17% of detached houses are smaller than 2 PARC FER CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Stratton.

2 PARC FER CLOSE: Plot and Title Map

2 PARC FER CLOSE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 2 PARC FER 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 2 PARC FER 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 2 PARC FER CLOSE?

2 PARC FER CLOSE is located in STRATTON, in the EX23 postcode district. The below map shows the position of No. 2 on PARC FER CLOSE.