PARNHILL, STAMFORD HILL, STRATTON, BUDE, EX23 9AZ - £372,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PARNHILL is a midsized detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £374,235. It was last sold for £372,500 in October 2024, which was around 15% below the average October 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

PARNHILL Sold Prices

Land registry data shows two sales for PARNHILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two PARNHILL 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 1 OCT	£372,500	£439,110	15% below HPI
2004 27 AUG	£184,500	£256,027	28% below HPI

PARNHILL 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 two PARNHILL sales from August 2004 and October 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 August 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might PARNHILL be worth now?

PARNHILL might now be worth an estimated £374,235.

This is based on house price inflation of 0.5%, between October 2024 and March 2025, 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 0.5% inflationary increase is applied to the most recent sale price for PARNHILL of £372,500 on 1st October 2024. For the value to have increased from £372,500 to £374,235 over the one year and seven months to March 2025, the following assumptions must hold true:

• The value of PARNHILL has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2024 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of PARNHILL has not materially changed since October 2024.

How Large is PARNHILL?

PARNHILL is 103m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 50% of detached houses houses in Stratton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stratton, and where PARNHILL lies on this distribution: 42% of detached houses houses are smaller than PARNHILL, and 57% of houses are larger. Note that EPC data is not available for all properties in Stratton.

PARNHILL: Plot and Title Map

PARNHILL sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of PARNHILL, 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 PARNHILL). 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 PARNHILL?

PARNHILL is located on STAMFORD HILL in STRATTON, in the EX23 postcode district. The below map shows the position of PARNHILL on STAMFORD HILL.