5, QUARRY CLOSE, BUDE, EX23 8JG - £238,000

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 QUARRY CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £364,300. It was last sold for £238,000 in April 2014, which was around 17% below the average April 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

5 QUARRY CLOSE Sold Prices

Land registry data shows four sales for 5 QUARRY CLOSE 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 5 QUARRY CLOSE 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
2014 30 APR	£238,000	£285,646	17% below HPI
2007 3 AUG	£248,750	£298,261	17% below HPI
2002 19 SEP	£176,500	£177,770	1% below HPI
1999 1 OCT	£85,000	£101,896	17% below HPI

5 QUARRY CLOSE 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 5 QUARRY CLOSE sales between October 1999 and April 2014 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2014 sale, which was also at 17% below the HPI.

What might 5 QUARRY CLOSE be worth now?

5 QUARRY CLOSE might now be worth an estimated £364,300.

This is based on house price inflation of 53.1%, between April 2014 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 53.1% inflationary increase is applied to the most recent sale price for 5 QUARRY CLOSE of £238,000 on 30th April 2014. For the value to have increased from £238,000 to £364,300 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 5 QUARRY CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2014 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 5 QUARRY CLOSE has not materially changed since April 2014.

How Large is 5 QUARRY CLOSE?

5 QUARRY CLOSE is 72m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% 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 QUARRY CLOSE lies on this distribution: 14% of detached houses houses are smaller than 5 QUARRY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bude.

5 QUARRY CLOSE: Plot and Title Map

5 QUARRY CLOSE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 5 QUARRY CLOSE, 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 QUARRY CLOSE). 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 QUARRY CLOSE?

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