7, REDWOOD GROVE, BUDE, EX23 8EB - £537,000

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

7 REDWOOD GROVE is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £537,000 in August 2024, which was around 25% above the average August 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2022, where the current energy rating was A, and the potential energy rating was A.

7 REDWOOD GROVE Sold Prices

Land registry data shows two sales for 7 REDWOOD GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 7 REDWOOD GROVE 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
2024 22 AUG	£537,000	£430,046	25% above HPI
2017 27 JUL	£315,000	£312,780	1% above HPI

7 REDWOOD GROVE 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 two 7 REDWOOD GROVE sales from July 2017 and August 2024 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 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2024 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 7 REDWOOD GROVE?

7 REDWOOD GROVE is 114m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Bude, based on EPC data. The below chart shows the distribution of detached houses by size in Bude, and where 7 REDWOOD GROVE lies on this distribution: 59% of detached houses are smaller than 7 REDWOOD GROVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Bude.

7 REDWOOD GROVE: Plot and Title Map

7 REDWOOD GROVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 7 REDWOOD GROVE, 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 REDWOOD GROVE). 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 REDWOOD GROVE?

7 REDWOOD GROVE is located in BUDE, in the EX23 postcode district. The below map shows the position of No. 7 on REDWOOD GROVE.