25, NEW COTTAGES, KILKHAMPTON, BUDE, EX23 9QH - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

25 NEW COTTAGES is a very small detached house of 63m², built sometime before 1900, which could now be worth an estimated £222,607. It was last sold for £225,000 in August 2022, which was around 50% below the average August 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.

25 NEW COTTAGES Sold Prices

Land registry data shows two sales for 25 NEW COTTAGES 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 25 NEW COTTAGES 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 26 AUG	£225,000	£448,776	50% below HPI
1998 30 JUN	£40,000	£89,781	55% below HPI

25 NEW COTTAGES 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 25 NEW COTTAGES sales from June 1998 and August 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 June 1998 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2022 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 25 NEW COTTAGES be worth now?

25 NEW COTTAGES might now be worth an estimated £222,607.

This is based on house price deflation of 1.1%, between August 2022 and December 2024, 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 1.1% deflationary decrease is applied to the most recent sale price for 25 NEW COTTAGES of £225,000 on 26th August 2022. For the value to have decreased from £225,000 to £222,607 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 25 NEW COTTAGES has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 25 NEW COTTAGES has not materially changed since August 2022.

How Large is 25 NEW COTTAGES?

25 NEW COTTAGES is 63m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses houses in Kilkhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kilkhampton, and where 25 NEW COTTAGES lies on this distribution: 11% of detached houses houses are smaller than 25 NEW COTTAGES, and 88% of houses are larger. Note that EPC data is not available for all properties in Kilkhampton.

25 NEW COTTAGES: Plot and Title Map

25 NEW COTTAGES sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 25 NEW COTTAGES, 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 25 NEW COTTAGES). 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 25 NEW COTTAGES?

25 NEW COTTAGES is located in KILKHAMPTON, in the EX23 postcode district. The below map shows the position of No. 25 on NEW COTTAGES.