HOPE HOUSE, WEST STREET, KILKHAMPTON, BUDE, EX23 9QW - £323,500

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

HOPE HOUSE is a midsized detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £330,916. It was last sold for £323,500 in February 2024, which was around 25% below the average February 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2022, where the current energy rating was F, and the potential energy rating was B.

HOPE HOUSE Sold Prices

Land registry data shows three sales for HOPE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three HOPE HOUSE 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
2024 16 FEB	£323,500	£434,053	25% below HPI
2015 2 MAR	£252,000	£293,629	14% below HPI
1997 31 OCT	£79,950	£86,426	7% below HPI

HOPE HOUSE 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 three HOPE HOUSE sales between October 1997 and February 2024 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 March 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might HOPE HOUSE be worth now?

HOPE HOUSE might now be worth an estimated £330,916.

This is based on house price inflation of 2.3%, between February 2024 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 2.3% inflationary increase is applied to the most recent sale price for HOPE HOUSE of £323,500 on 16th February 2024. For the value to have increased from £323,500 to £330,916 over the two months to December 2024, the following assumptions must hold true:

• The value of HOPE HOUSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2024 sale price of £323,500 represented a fair market value for the property.
• The size, condition, and specification of HOPE HOUSE has not materially changed since February 2024.

How Large is HOPE HOUSE?

HOPE HOUSE is 99m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses houses in Kilkhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kilkhampton, and where HOPE HOUSE lies on this distribution: 43% of detached houses houses are smaller than HOPE HOUSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Kilkhampton.

HOPE HOUSE: Plot and Title Map

HOPE HOUSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of HOPE HOUSE, 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 HOPE HOUSE). 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 HOPE HOUSE?

HOPE HOUSE is located on WEST STREET in KILKHAMPTON, in the EX23 postcode district. The below map shows the position of HOPE HOUSE on WEST STREET.