FLEXBURY LODGE, OCEAN VIEW ROAD, BUDE, EX23 8NW - £715,000

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.

FLEXBURY LODGE is a very large extended detached house of 262m², built sometime between 1900 and 1929, which could now be worth an estimated £812,680. It was last sold for £715,000 in February 2021, which was around 86% above the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

FLEXBURY LODGE Sold Prices

Land registry data shows two sales for FLEXBURY LODGE 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 FLEXBURY 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 26 FEB	£715,000	£384,678	86% above HPI
2007 18 JUL	£500,000	£295,243	69% above HPI

FLEXBURY 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 two FLEXBURY LODGE sales from July 2007 and February 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 July 2007 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the February 2021 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might FLEXBURY LODGE be worth now?

FLEXBURY LODGE might now be worth an estimated £812,680.

This is based on house price inflation of 13.7%, between February 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 13.7% inflationary increase is applied to the most recent sale price for FLEXBURY LODGE of £715,000 on 26th February 2021. For the value to have increased from £715,000 to £812,680 over the four years to February 2025, the following assumptions must hold true:

• The value of FLEXBURY LODGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2021 sale price of £715,000 represented a fair market value for the property.
• The size, condition, and specification of FLEXBURY LODGE has not materially changed since February 2021.

How Large is FLEXBURY LODGE?

FLEXBURY LODGE is 262m², which includes one extension, according to the EPC inspection conducted in April 2018. 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 FLEXBURY LODGE lies on this distribution: 98% of detached houses houses are smaller than FLEXBURY LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Bude.

FLEXBURY LODGE: Plot and Title Map

FLEXBURY LODGE sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of FLEXBURY 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 FLEXBURY 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 FLEXBURY LODGE?

FLEXBURY LODGE is located on OCEAN VIEW ROAD in BUDE, in the EX23 postcode district. The below map shows the position of FLEXBURY LODGE on OCEAN VIEW ROAD.