4, MELLIARS WAY, BUDE, EX23 8HB - £280,000

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

4 MELLIARS WAY is a small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £280,000 in January 2019, which was around 17% below the average January 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

4 MELLIARS WAY Sold Prices

Land registry data shows four sales for 4 MELLIARS WAY 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 4 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
2019 22 JAN	£280,000	£336,721	17% below HPI
2018 31 AUG	£250,000	£331,892	25% below HPI
2018 24 AUG	£280,000	£331,892	16% below HPI
2001 20 JUL	£105,000	£128,745	18% below HPI

4 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 four 4 MELLIARS WAY sales between July 2001 and January 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 August 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 MELLIARS WAY?

4 MELLIARS WAY is 81m² according to the EPC inspection conducted in August 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 4 MELLIARS WAY lies on this distribution: 23% of detached houses are smaller than 4 MELLIARS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Bude.

4 MELLIARS WAY: Plot and Title Map

4 MELLIARS WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 4 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 4 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 4 MELLIARS WAY?

4 MELLIARS WAY is located in BUDE, in the EX23 postcode district. The below map shows the position of No. 4 on MELLIARS WAY.