THE CROWS NEST, ELM LEA, BUDE, EX23 8DU - £470,000

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

THE CROWS NEST is a very large detached house of 173m², which could now be worth an estimated £600,146. It was last sold for £470,000 in October 2019, which was around 35% above the average October 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

THE CROWS NEST Sold Prices

Land registry data shows two sales for THE CROWS NEST 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 THE CROWS NEST sales were for above 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 25 OCT	£470,000	£347,718	35% above HPI
2013 10 OCT	£355,000	£281,992	26% above HPI

THE CROWS NEST 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 THE CROWS NEST sales from October 2013 and October 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 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2019 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might THE CROWS NEST be worth now?

THE CROWS NEST might now be worth an estimated £600,146.

This is based on house price inflation of 27.7%, between October 2019 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 27.7% inflationary increase is applied to the most recent sale price for THE CROWS NEST of £470,000 on 25th October 2019. For the value to have increased from £470,000 to £600,146 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of THE CROWS NEST has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2019 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of THE CROWS NEST has not materially changed since October 2019.

How Large is THE CROWS NEST?

THE CROWS NEST is 173m² according to the EPC inspection conducted in August 2011. This puts it in the largest 20% of detached houses houses in Bude, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bude, and where THE CROWS NEST lies on this distribution: 90% of detached houses houses are smaller than THE CROWS NEST, and 10% of houses are larger. Note that EPC data is not available for all properties in Bude.

THE CROWS NEST: Plot and Title Map

THE CROWS NEST sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of THE CROWS NEST, 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 THE CROWS NEST). 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 THE CROWS NEST?

THE CROWS NEST is located on ELM LEA in BUDE, in the EX23 postcode district. The below map shows the position of THE CROWS NEST on ELM LEA.