3, MELLIARS WAY, BUDE, EX23 8HB - £287,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MELLIARS WAY is a small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £287,500 in March 2018, which was around 12% below the average March 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

3 MELLIARS WAY Sold Prices

Land registry data shows three sales for 3 MELLIARS WAY 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 3 MELLIARS WAY 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
2018 16 MAR	£287,500	£328,446	12% below HPI
2006 13 OCT	£221,500	£279,173	21% below HPI
2000 28 JAN	£80,000	£103,337	23% below HPI

3 MELLIARS WAY 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 3 MELLIARS WAY sales between January 2000 and March 2018 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 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 MELLIARS WAY?

3 MELLIARS WAY is 86m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Bude, based on EPC data. The below chart shows the distribution of detached houses by size in Bude, and where 3 MELLIARS WAY lies on this distribution: 28% of detached houses are smaller than 3 MELLIARS WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Bude.

3 MELLIARS WAY: Plot and Title Map

3 MELLIARS WAY sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 3 MELLIARS WAY, 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 MELLIARS WAY). 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 MELLIARS WAY?

3 MELLIARS WAY is located in BUDE, in the EX23 postcode district. The below map shows the position of No. 3 on MELLIARS WAY.