7, SHEARWATER DRIVE, BUDE, EX23 8EE - £499,000

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.

7 SHEARWATER DRIVE is a large detached house of 123m², which could now be worth an estimated £492,148. It was last sold for £499,000 in July 2022, which was around 13% above the average July 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

7 SHEARWATER DRIVE Sold Prices

Land registry data shows two sales for 7 SHEARWATER DRIVE 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 SHEARWATER DRIVE 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
2022 7 JUL	£499,000	£443,318	13% above HPI
2015 30 JUN	£334,995	£301,492	11% above HPI

7 SHEARWATER DRIVE 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 SHEARWATER DRIVE sales from June 2015 and July 2022 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 June 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 7 SHEARWATER DRIVE be worth now?

7 SHEARWATER DRIVE might now be worth an estimated £492,148.

This is based on house price deflation of 1.4%, between July 2022 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 1.4% deflationary decrease is applied to the most recent sale price for 7 SHEARWATER DRIVE of £499,000 on 7th July 2022. For the value to have decreased from £499,000 to £492,148 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 7 SHEARWATER DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2022 sale price of £499,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHEARWATER DRIVE has not materially changed since July 2022.

How Large is 7 SHEARWATER DRIVE?

7 SHEARWATER DRIVE is 123m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 7 SHEARWATER DRIVE lies on this distribution: 63% of detached houses houses are smaller than 7 SHEARWATER DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Bude.

7 SHEARWATER DRIVE: Plot and Title Map

7 SHEARWATER DRIVE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 7 SHEARWATER DRIVE, 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 SHEARWATER DRIVE). 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 SHEARWATER DRIVE?

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