SCHOOL HOUSE, SHOP, BUDE, EX23 9PE - £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

SCHOOL HOUSE is a midsized extended detached house of 130m², built sometime before 1900. It was last sold for £255,000 in August 2019, which was around 25% below the average August 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2017, where the current energy rating was F, and the potential energy rating was A.

SCHOOL HOUSE Sold Prices

Land registry data shows two sales for SCHOOL HOUSE 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 SCHOOL 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
2019 20 AUG	£255,000	£339,686	25% below HPI
1996 16 OCT	£68,000	£75,369	10% below HPI

SCHOOL 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 two SCHOOL HOUSE sales from October 1996 and August 2019 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 October 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 130m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Shop, based on EPC data. The below chart shows the distribution of detached houses by size in Shop, and where SCHOOL HOUSE lies on this distribution: 54% of detached houses are smaller than SCHOOL HOUSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Shop.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL HOUSE?

SCHOOL HOUSE is located in SHOP, in the EX23 postcode district. The below map shows the position of SCHOOL HOUSE in SHOP.