7, THE ROWANS, BUDE, EX23 8PS - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 THE ROWANS is a very small detached house of 52m², built sometime between 1967 and 1975, which could now be worth an estimated £249,557. It was last sold for £175,000 in February 2016, which was around 43% below the average February 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

7 THE ROWANS Sold Prices

Land registry data shows three sales for 7 THE ROWANS 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 THE ROWANS 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
2016 17 FEB	£175,000	£306,605	43% below HPI
2003 24 MAR	£154,950	£202,056	23% below HPI
1996 12 FEB	£49,500	£71,440	31% below HPI

7 THE ROWANS 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 THE ROWANS sales between February 1996 and February 2016 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 March 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 7 THE ROWANS be worth now?

7 THE ROWANS might now be worth an estimated £249,557.

This is based on house price inflation of 42.6%, between February 2016 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 42.6% inflationary increase is applied to the most recent sale price for 7 THE ROWANS of £175,000 on 17th February 2016. For the value to have increased from £175,000 to £249,557 over the nine years to February 2025, the following assumptions must hold true:

• The value of 7 THE ROWANS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2016 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE ROWANS has not materially changed since February 2016.

How Large is 7 THE ROWANS?

7 THE ROWANS is 52m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% 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 THE ROWANS lies on this distribution: 1% of detached houses houses are smaller than 7 THE ROWANS, and 99% of houses are larger. Note that EPC data is not available for all properties in Bude.

7 THE ROWANS: Plot and Title Map

7 THE ROWANS sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 7 THE ROWANS, 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 THE ROWANS). 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 THE ROWANS?

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