CROSSLANDS, SHOP, BUDE, EX23 9PE - £620,000

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.

CROSSLANDS is a very large detached house of 242m², which could now be worth an estimated £961,497. It was last sold for £620,000 in December 2006, which was around 118% above the average December 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was C.

CROSSLANDS Sold Prices

Land registry data shows two sales for CROSSLANDS 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 CROSSLANDS 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
2006 8 DEC	£620,000	£284,469	118% above HPI
2000 15 NOV	£249,000	£124,665	100% above HPI

CROSSLANDS 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 CROSSLANDS sales from November 2000 and December 2006 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 2000 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the December 2006 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

What might CROSSLANDS be worth now?

CROSSLANDS might now be worth an estimated £961,497.

This is based on house price inflation of 55.1%, between December 2006 and March 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 55.1% inflationary increase is applied to the most recent sale price for CROSSLANDS of £620,000 on 8th December 2006. For the value to have increased from £620,000 to £961,497 over the nineteen years and nine months to March 2025, the following assumptions must hold true:

• The value of CROSSLANDS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2006 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of CROSSLANDS has not materially changed since December 2006.

How Large is CROSSLANDS?

CROSSLANDS is 242m² according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses houses in Shop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shop, and where CROSSLANDS lies on this distribution: 93% of detached houses houses are smaller than CROSSLANDS, and 4% of houses are larger. Note that EPC data is not available for all properties in Shop.

CROSSLANDS: Plot and Title Map

CROSSLANDS sits on a plot of roughly 2.0 acres, or 8,066m². The below map shows the location of CROSSLANDS, 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 CROSSLANDS). 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 CROSSLANDS?

CROSSLANDS is located in SHOP, in the EX23 postcode district. The below map shows the position of CROSSLANDS in SHOP.