CRIEF, HELE ROAD, MARHAMCHURCH, BUDE, EX23 0JA - £279,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CRIEF is a small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £279,950 in April 2015, which was around 4% below the average April 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

CRIEF Sold Prices

Land registry data shows two sales for CRIEF 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 CRIEF 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
2015 17 APR	£279,950	£292,933	4% below HPI
2006 23 JUN	£249,950	£268,950	7% below HPI

CRIEF 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 CRIEF sales from June 2006 and April 2015 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 June 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is CRIEF?

CRIEF is 85m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of detached houses in Marhamchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Marhamchurch, and where CRIEF lies on this distribution: 23% of detached houses are smaller than CRIEF, and 77% of houses are larger. Note that EPC data is not available for all properties in Marhamchurch.

CRIEF: Plot and Title Map

CRIEF sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of CRIEF, 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 CRIEF). 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 CRIEF?

CRIEF is located on HELE ROAD in MARHAMCHURCH, in the EX23 postcode district. The below map shows the position of CRIEF on HELE ROAD.