5, ELM DRIVE, BUDE, EX23 8EZ - £411,740

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 ELM DRIVE is a midsized detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £465,621. It was last sold for £411,740 in September 2021, which was around 6% above the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

5 ELM DRIVE Sold Prices

Land registry data shows five sales for 5 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the five 5 ELM DRIVE 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
2021 17 SEP	£411,740	£386,635	6% above HPI
2011 5 OCT	£285,000	£278,973	2% above HPI
2003 6 NOV	£225,000	£227,264	1% below HPI
2001 29 MAR	£120,000	£123,475	3% below HPI
1999 26 NOV	£120,000	£103,500	16% above HPI

5 ELM 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 five 5 ELM DRIVE sales between November 1999 and September 2021 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 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 5 ELM DRIVE be worth now?

5 ELM DRIVE might now be worth an estimated £465,621.

This is based on house price inflation of 13.1%, between September 2021 and February 2025, 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 13.1% inflationary increase is applied to the most recent sale price for 5 ELM DRIVE of £411,740 on 17th September 2021. For the value to have increased from £411,740 to £465,621 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 ELM DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2021 sale price of £411,740 represented a fair market value for the property.
• The size, condition, and specification of 5 ELM DRIVE has not materially changed since September 2021.

How Large is 5 ELM DRIVE?

5 ELM DRIVE is 103m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% 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 5 ELM DRIVE lies on this distribution: 45% of detached houses houses are smaller than 5 ELM DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bude.

5 ELM DRIVE: Plot and Title Map

5 ELM DRIVE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 5 ELM 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 5 ELM 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 5 ELM DRIVE?

5 ELM DRIVE is located in BUDE, in the EX23 postcode district. The below map shows the position of No. 5 on ELM DRIVE.