7, POUNDFIELD CLOSE, STRATTON, BUDE, EX23 9AU - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 POUNDFIELD CLOSE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £310,000 in February 2021, which was around 18% below the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

7 POUNDFIELD CLOSE Sold Prices

Land registry data shows three sales for 7 POUNDFIELD CLOSE 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 7 POUNDFIELD 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
2021 5 FEB	£310,000	£378,711	18% below HPI
2007 29 NOV	£250,000	£301,935	17% below HPI
2003 17 APR	£189,500	£201,318	6% below HPI

7 POUNDFIELD 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 three 7 POUNDFIELD CLOSE sales between April 2003 and February 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 November 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 POUNDFIELD CLOSE?

7 POUNDFIELD CLOSE is 71m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Stratton, and where 7 POUNDFIELD CLOSE lies on this distribution: 8% of detached houses are smaller than 7 POUNDFIELD CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Stratton.

7 POUNDFIELD CLOSE: Plot and Title Map

7 POUNDFIELD CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 7 POUNDFIELD 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 7 POUNDFIELD 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 7 POUNDFIELD CLOSE?

7 POUNDFIELD CLOSE is located in STRATTON, in the EX23 postcode district. The below map shows the position of No. 7 on POUNDFIELD CLOSE.