4, LUNDY DRIVE, CRACKINGTON HAVEN, BUDE, EX23 0PA - £350,000

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

4 LUNDY DRIVE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £350,000 in August 2023, which was around 21% below the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was B.

4 LUNDY DRIVE Sold Prices

Land registry data shows three sales for 4 LUNDY DRIVE 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 4 LUNDY DRIVE 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
2023 3 AUG	£350,000	£443,993	21% below HPI
2001 26 JUN	£91,000	£128,100	29% below HPI
1999 9 JUL	£73,500	£96,437	24% below HPI

4 LUNDY DRIVE 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 4 LUNDY DRIVE sales between July 1999 and August 2023 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 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 LUNDY DRIVE?

4 LUNDY DRIVE is 75m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Middle Crackington, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Crackington, and where 4 LUNDY DRIVE lies on this distribution: 15% of detached houses are smaller than 4 LUNDY DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Middle Crackington.

4 LUNDY DRIVE: Plot and Title Map

4 LUNDY DRIVE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 4 LUNDY DRIVE, 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 4 LUNDY DRIVE). 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 4 LUNDY DRIVE?

4 LUNDY DRIVE is located in CRACKINGTON HAVEN, in the EX23 postcode district. The below map shows the position of No. 4 on LUNDY DRIVE.