9, FURZE GARDENS, MORWENSTOW, BUDE, EX23 9SX - £75,000

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.

9 FURZE GARDENS is a midsized extended detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £358,210. It was last sold for £75,000 in July 1998, which was around 18% below the average July 1998 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

9 FURZE GARDENS Sold Prices

Land registry data shows two sales for 9 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 9 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
1998 22 JUL	£75,000	£91,545	18% below HPI
1995 12 JAN	£55,000	£70,240	22% below HPI

9 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 9 FURZE GARDENS sales from January 1995 and July 1998 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 January 1995 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 1998 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 9 FURZE GARDENS be worth now?

9 FURZE GARDENS might now be worth an estimated £358,210.

This is based on house price inflation of 377.6%, between July 1998 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 377.6% inflationary increase is applied to the most recent sale price for 9 FURZE GARDENS of £75,000 on 22nd July 1998. For the value to have increased from £75,000 to £358,210 over the 27 years and five months to February 2025, the following assumptions must hold true:

• The value of 9 FURZE GARDENS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 1998 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FURZE GARDENS has not materially changed since July 1998.

How Large is 9 FURZE GARDENS?

9 FURZE GARDENS is 114m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 50% of detached houses houses in Shop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shop, and where 9 FURZE GARDENS lies on this distribution: 50% of detached houses houses are smaller than 9 FURZE GARDENS, and 50% of houses are larger. Note that EPC data is not available for all properties in Shop.

9 FURZE GARDENS: Plot and Title Map

9 FURZE GARDENS sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of 9 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 9 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 9 FURZE GARDENS?

9 FURZE GARDENS is located in MORWENSTOW, in the EX23 postcode district. The below map shows the position of No. 9 on FURZE GARDENS.