FURZE VIEW, SHOP, BUDE, EX23 9SL - £255,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FURZE VIEW is a small detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £344,106. It was last sold for £255,000 in April 2018, which was around 22% below the average April 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

FURZE VIEW Sold Prices

Land registry data shows four sales for FURZE VIEW 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 FURZE VIEW 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
2018 27 APR	£255,000	£329,029	22% below HPI
2018 28 FEB	£270,000	£333,031	19% below HPI
2006 5 MAY	£249,950	£272,057	8% below HPI
2003 30 APR	£180,000	£204,490	12% below HPI

FURZE VIEW 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 FURZE VIEW sales between April 2003 and April 2018 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 February 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might FURZE VIEW be worth now?

FURZE VIEW might now be worth an estimated £344,106.

This is based on house price inflation of 34.9%, between April 2018 and December 2024, 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 34.9% inflationary increase is applied to the most recent sale price for FURZE VIEW of £255,000 on 27th April 2018. For the value to have increased from £255,000 to £344,106 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of FURZE VIEW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2018 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of FURZE VIEW has not materially changed since April 2018.

How Large is FURZE VIEW?

FURZE VIEW is 107m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% 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 FURZE VIEW lies on this distribution: 32% of detached houses houses are smaller than FURZE VIEW, and 68% of houses are larger. Note that EPC data is not available for all properties in Shop.

FURZE VIEW: Plot and Title Map

FURZE VIEW sits on a plot of roughly 0.192 of an acre, or 778m². The below map shows the location of FURZE VIEW, 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 FURZE VIEW). 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 FURZE VIEW?

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