CLEVE LODGE, POUGHILL ROAD, BUDE, EX23 8NZ - £735,000

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.

CLEVE LODGE is a very large extended detached house of 190m², built sometime between 1900 and 1929, which could now be worth an estimated £841,613. It was last sold for £735,000 in March 2021, which was around 92% above the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2008, where the current energy rating was F, and the potential energy rating was E.

CLEVE LODGE Sold Prices

Land registry data shows four sales for CLEVE LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four CLEVE LODGE 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
2021 10 MAR	£735,000	£381,844	92% above HPI
2010 9 NOV	£477,000	£289,375	65% above HPI
2007 14 MAR	£455,000	£288,836	58% above HPI
2001 24 AUG	£235,000	£134,051	75% above HPI

CLEVE LODGE 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 four CLEVE LODGE sales between August 2001 and March 2021 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 November 2010 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the March 2021 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might CLEVE LODGE be worth now?

CLEVE LODGE might now be worth an estimated £841,613.

This is based on house price inflation of 14.5%, between March 2021 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 14.5% inflationary increase is applied to the most recent sale price for CLEVE LODGE of £735,000 on 10th March 2021. For the value to have increased from £735,000 to £841,613 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of CLEVE LODGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2021 sale price of £735,000 represented a fair market value for the property.
• The size, condition, and specification of CLEVE LODGE has not materially changed since March 2021.

How Large is CLEVE LODGE?

CLEVE LODGE is 190m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 10% of detached houses houses in Bude, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bude, and where CLEVE LODGE lies on this distribution: 94% of detached houses houses are smaller than CLEVE LODGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Bude.

CLEVE LODGE: Plot and Title Map

CLEVE LODGE sits on a plot of roughly 0.369 of an acre, or 1,493m². The below map shows the location of CLEVE LODGE, 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 CLEVE LODGE). 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 CLEVE LODGE?

CLEVE LODGE is located on POUGHILL ROAD in BUDE, in the EX23 postcode district. The below map shows the position of CLEVE LODGE on POUGHILL ROAD.