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

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.

BROOKFIELD is a very large extended semi-detached house of 148m², built sometime between 1967 and 1975, which could now be worth an estimated £398,369. It was last sold for £248,000 in November 2011, which was around 38% above the average November 2011 semi-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 semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two BROOKFIELD 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
2011 11 NOV	£248,000	£179,446	38% above HPI
2003 19 MAY	£160,000	£131,103	22% above HPI

BROOKFIELD Price Paid vs. HPI Average

The below graph shows the average semi-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% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2011 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might BROOKFIELD be worth now?

BROOKFIELD might now be worth an estimated £398,369.

This is based on house price inflation of 60.6%, between November 2011 and February 2025, for semi-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 60.6% inflationary increase is applied to the most recent sale price for BROOKFIELD of £248,000 on 11th November 2011. For the value to have increased from £248,000 to £398,369 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of BROOKFIELD has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The November 2011 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of BROOKFIELD has not materially changed since November 2011.

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 semi-detached houses houses in Marhamchurch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Marhamchurch, and where BROOKFIELD lies on this distribution: 81% of semi-detached houses 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.