BROOKFIELD, HOBBACOTT LANE, MARHAMCHURCH, BUDE, EX23 0ES - £248,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

BROOKFIELD is a very large extended semi-detached house of 148m², built sometime between 1967 and 1975. It was last sold for £248,000 in November 2011, which was around 9% below the average November 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

BROOKFIELD Sold Prices

Land registry data shows two sales for BROOKFIELD 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 BROOKFIELD 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
2011 11 NOV	£248,000	£272,032	9% below HPI
2003 19 MAY	£160,000	£205,598	22% below HPI

BROOKFIELD 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 BROOKFIELD sales from May 2003 and November 2011 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 May 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2011 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is BROOKFIELD?

BROOKFIELD is 148m², which includes two extensions, according to the EPC inspection conducted in February 2009. This puts it in the largest 20% of detached houses in Marhamchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Marhamchurch, and where BROOKFIELD lies on this distribution: 81% of detached houses are smaller than BROOKFIELD, and 19% of houses are larger. Note that EPC data is not available for all properties in Marhamchurch.

BROOKFIELD: Plot and Title Map

BROOKFIELD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of BROOKFIELD, 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 BROOKFIELD). 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 BROOKFIELD?

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