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

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

9 FURZE GARDENS is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £75,000 in July 1998, which was around 17% 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	£90,125	17% below HPI
1995 12 JAN	£55,000	£69,151	20% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 1998 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

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 in Shop, based on EPC data. The below chart shows the distribution of detached houses by size in Shop, and where 9 FURZE GARDENS lies on this distribution: 50% of detached 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.