54, OCEAN VIEW ROAD, BUDE, EX23 8NL - £369,950

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.

54 OCEAN VIEW ROAD is a very small extended detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £468,801. It was last sold for £369,950 in August 2019, which was around 7% above the average August 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

54 OCEAN VIEW ROAD Sold Prices

Land registry data shows four sales for 54 OCEAN VIEW ROAD 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. Most of the four 54 OCEAN VIEW ROAD 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 9 AUG	£369,950	£345,037	7% above HPI
2011 1 AUG	£257,500	£275,174	6% below HPI
2011 3 FEB	£195,000	£282,330	31% below HPI
2001 28 JUN	£119,950	£130,118	8% below HPI

54 OCEAN VIEW ROAD 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 54 OCEAN VIEW ROAD sales between June 2001 and August 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 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 54 OCEAN VIEW ROAD be worth now?

54 OCEAN VIEW ROAD might now be worth an estimated £468,801.

This is based on house price inflation of 26.7%, between August 2019 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 26.7% inflationary increase is applied to the most recent sale price for 54 OCEAN VIEW ROAD of £369,950 on 9th August 2019. For the value to have increased from £369,950 to £468,801 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 54 OCEAN VIEW ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2019 sale price of £369,950 represented a fair market value for the property.
• The size, condition, and specification of 54 OCEAN VIEW ROAD has not materially changed since August 2019.

How Large is 54 OCEAN VIEW ROAD?

54 OCEAN VIEW ROAD is 71m², which includes two extensions, according to the EPC inspection conducted in November 2010. 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 54 OCEAN VIEW ROAD lies on this distribution: 13% of detached houses houses are smaller than 54 OCEAN VIEW ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Bude.

54 OCEAN VIEW ROAD: Plot and Title Map

54 OCEAN VIEW ROAD sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 54 OCEAN VIEW ROAD, 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 54 OCEAN VIEW ROAD). 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 54 OCEAN VIEW ROAD?

54 OCEAN VIEW ROAD is located in BUDE, in the EX23 postcode district. The below map shows the position of No. 54 on OCEAN VIEW ROAD.