8, STRAFFORD CLOSE, LYNSTONE, BUDE, EX23 0RD - £385,000

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

8 STRAFFORD CLOSE is a very small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £385,000 in October 2023, which was around 13% below the average October 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

8 STRAFFORD CLOSE Sold Prices

Land registry data shows three sales for 8 STRAFFORD 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 8 STRAFFORD 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
2023 13 OCT	£385,000	£444,397	13% below HPI
2016 16 DEC	£105,000	£307,260	66% below HPI
1999 14 DEC	£89,500	£103,327	13% below HPI

8 STRAFFORD 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 8 STRAFFORD CLOSE sales between December 1999 and October 2023 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 December 2016 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the October 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 STRAFFORD CLOSE?

8 STRAFFORD CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Lynstone, based on EPC data. The below chart shows the distribution of detached houses by size in Lynstone, and where 8 STRAFFORD CLOSE lies on this distribution: 16% of detached houses are smaller than 8 STRAFFORD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Lynstone.

8 STRAFFORD CLOSE: Plot and Title Map

8 STRAFFORD CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 8 STRAFFORD 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 8 STRAFFORD 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 8 STRAFFORD CLOSE?

8 STRAFFORD CLOSE is located in LYNSTONE, in the EX23 postcode district. The below map shows the position of No. 8 on STRAFFORD CLOSE.