LLANFAIR, HILLHEAD, STRATTON, BUDE, EX23 9AJ - £335,000

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

LLANFAIR is a small detached house of 91m², built sometime between 1930 and 1949. It was last sold for £335,000 in June 2021, which was around 14% below the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

LLANFAIR Sold Prices

Land registry data shows four sales for LLANFAIR 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 LLANFAIR 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
2021 14 JUN	£335,000	£387,509	14% below HPI
2008 7 MAR	£245,000	£291,226	16% below HPI
2002 15 FEB	£127,000	£146,301	13% below HPI
1998 8 JUL	£58,000	£90,125	36% below HPI

LLANFAIR 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 LLANFAIR sales between July 1998 and June 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 March 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is LLANFAIR?

LLANFAIR is 91m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Stratton, and where LLANFAIR lies on this distribution: 22% of detached houses are smaller than LLANFAIR, and 77% of houses are larger. Note that EPC data is not available for all properties in Stratton.

LLANFAIR: Plot and Title Map

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

LLANFAIR is located on HILLHEAD in STRATTON, in the EX23 postcode district. The below map shows the position of LLANFAIR on HILLHEAD.