AN ASCAL, HOBBACOTT LANE, MARHAMCHURCH, BUDE, EX23 0ES - £465,500

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

AN ASCAL is a very small detached house of 79m², built sometime between 1991 and 1995, which could now be worth an estimated £456,882. It was last sold for £465,500 in September 2023, which was around 3% above the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

AN ASCAL Sold Prices

Land registry data shows two sales for AN ASCAL 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 AN ASCAL sales were for above 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 11 SEP	£465,500	£452,378	3% above HPI
2009 8 OCT	£287,500	£264,860	9% above HPI

AN ASCAL 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 AN ASCAL sales from October 2009 and September 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 October 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might AN ASCAL be worth now?

AN ASCAL might now be worth an estimated £456,882.

This is based on house price deflation of 1.9%, between September 2023 and December 2024, 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 1.9% deflationary decrease is applied to the most recent sale price for AN ASCAL of £465,500 on 11th September 2023. For the value to have decreased from £465,500 to £456,882 over the nine months to December 2024, the following assumptions must hold true:

• The value of AN ASCAL has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2023 sale price of £465,500 represented a fair market value for the property.
• The size, condition, and specification of AN ASCAL has not materially changed since September 2023.

How Large is AN ASCAL?

AN ASCAL is 79m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses houses in Marhamchurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marhamchurch, and where AN ASCAL lies on this distribution: 19% of detached houses houses are smaller than AN ASCAL, and 81% of houses are larger. Note that EPC data is not available for all properties in Marhamchurch.

AN ASCAL: Plot and Title Map

AN ASCAL sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of AN ASCAL, 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 AN ASCAL). 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 AN ASCAL?

AN ASCAL is located on HOBBACOTT LANE in MARHAMCHURCH, in the EX23 postcode district. The below map shows the position of AN ASCAL on HOBBACOTT LANE.