5, FURZE GARDENS, MORWENSTOW, BUDE, EX23 9SX - £217,000

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

5 FURZE GARDENS is a small extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £217,000 in June 2012, which was around 22% below the average June 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

5 FURZE GARDENS Sold Prices

Land registry data shows three sales for 5 FURZE GARDENS 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 5 FURZE GARDENS 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
2012 22 JUN	£217,000	£278,020	22% below HPI
2006 6 JUL	£192,000	£269,302	29% below HPI
1996 31 OCT	£63,500	£75,369	16% below HPI

5 FURZE GARDENS 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 5 FURZE GARDENS sales between October 1996 and June 2012 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 July 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2012 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 FURZE GARDENS?

5 FURZE GARDENS is 112m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% of detached houses in Shop, based on EPC data. The below chart shows the distribution of detached houses by size in Shop, and where 5 FURZE GARDENS lies on this distribution: 39% of detached houses are smaller than 5 FURZE GARDENS, and 61% of houses are larger. Note that EPC data is not available for all properties in Shop.

5 FURZE GARDENS: Plot and Title Map

5 FURZE GARDENS sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of 5 FURZE GARDENS, 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 FURZE GARDENS). 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 FURZE GARDENS?

5 FURZE GARDENS is located in MORWENSTOW, in the EX23 postcode district. The below map shows the position of No. 5 on FURZE GARDENS.