3, LANVEANS, CLEAVELANDS, BUDE, EX23 8AB - £525,000

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

3 LANVEANS is a very large detached house of 228m², built sometime between 2007 and 2011, which could now be worth an estimated £666,839. It was last sold for £525,000 in November 2019, which was around 50% above the average November 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

3 LANVEANS Sold Prices

Land registry data shows four sales for 3 LANVEANS 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 3 LANVEANS 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
2019 1 NOV	£525,000	£349,562	50% above HPI
2016 30 NOV	£500,000	£312,492	60% above HPI
2009 28 AUG	£420,000	£265,041	58% above HPI
2008 7 MAR	£410,000	£295,814	39% above HPI

3 LANVEANS 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 3 LANVEANS sales between March 2008 and November 2019 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 November 2016 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2019 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 3 LANVEANS be worth now?

3 LANVEANS might now be worth an estimated £666,839.

This is based on house price inflation of 27%, between November 2019 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 27% inflationary increase is applied to the most recent sale price for 3 LANVEANS of £525,000 on 1st November 2019. For the value to have increased from £525,000 to £666,839 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 LANVEANS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2019 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LANVEANS has not materially changed since November 2019.

How Large is 3 LANVEANS?

3 LANVEANS is 228m² according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses houses in Bude, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bude, and where 3 LANVEANS lies on this distribution: 96% of detached houses houses are smaller than 3 LANVEANS, and 4% of houses are larger. Note that EPC data is not available for all properties in Bude.

3 LANVEANS: Plot and Title Map

3 LANVEANS sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 3 LANVEANS, 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 3 LANVEANS). 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 3 LANVEANS?

3 LANVEANS is located on CLEAVELANDS in BUDE, in the EX23 postcode district. The below map shows the position of 3 LANVEANS on CLEAVELANDS.