8, FURZE GARDENS, MORWENSTOW, BUDE, EX23 9SX - £245,500

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

8 FURZE GARDENS is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £245,500 in February 2021, which was around 35% below the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

8 FURZE GARDENS Sold Prices

Land registry data shows two sales for 8 FURZE GARDENS 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 8 FURZE GARDENS 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 3 FEB	£245,500	£378,711	35% below HPI
2000 2 JUN	£77,500	£111,422	30% below HPI

8 FURZE GARDENS 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 8 FURZE GARDENS sales from June 2000 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 June 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 8 FURZE GARDENS?

8 FURZE GARDENS is 81m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Shop, based on EPC data. The below chart shows the distribution of detached houses by size in Shop, and where 8 FURZE GARDENS lies on this distribution: 11% of detached houses are smaller than 8 FURZE GARDENS, and 89% of houses are larger. Note that EPC data is not available for all properties in Shop.

8 FURZE GARDENS: Plot and Title Map

8 FURZE GARDENS sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 8 FURZE GARDENS, 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 8 FURZE GARDENS). 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 8 FURZE GARDENS?

8 FURZE GARDENS is located in MORWENSTOW, in the EX23 postcode district. The below map shows the position of No. 8 on FURZE GARDENS.