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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FURZE VIEW is a small detached house of 107m², built sometime between 1991 and 1995. It was last sold for £255,000 in April 2018, which was around 21% 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	£323,926	21% below HPI
2018 28 FEB	£270,000	£327,866	18% below HPI
2006 5 MAY	£249,950	£267,838	7% below HPI
2003 30 APR	£180,000	£201,318	11% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

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 in Shop, based on EPC data. The below chart shows the distribution of detached houses by size in Shop, and where FURZE VIEW lies on this distribution: 32% of detached 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.