GORSE HOLLOW, BUDE, EX23 9JY - £465,000

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

GORSE HOLLOW is a very large extended detached house of 261m², built sometime between 1950 and 1966. It was last sold for £465,000 in October 2017, which was around 43% above the average October 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

GORSE HOLLOW Sold Prices

Land registry data shows four sales for GORSE HOLLOW 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. two of the four GORSE HOLLOW sales were for above the average price, and four 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
2017 12 OCT	£465,000	£324,548	43% above HPI
2013 14 JUN	£325,000	£272,671	19% above HPI
2008 28 MAR	£36,000	£291,226	88% below HPI
1995 21 DEC	£48,000	£70,878	32% below HPI

GORSE HOLLOW 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 GORSE HOLLOW sales between December 1995 and October 2017 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 2013 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2017 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is GORSE HOLLOW?

GORSE HOLLOW is 261m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses in Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Stratton, and where GORSE HOLLOW lies on this distribution: 95% of detached houses are smaller than GORSE HOLLOW, and 5% of houses are larger. Note that EPC data is not available for all properties in Stratton.

GORSE HOLLOW: Plot and Title Map

GORSE HOLLOW sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of GORSE HOLLOW, 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 GORSE HOLLOW). 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 GORSE HOLLOW?

GORSE HOLLOW is located in BUDE, in the EX23 postcode district. The below map shows the position of GORSE HOLLOW in BUDE.