THE SIDINGS, BENCOOLEN ROAD, BUDE, EX23 8PJ - £425,000

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.

THE SIDINGS is a midsized detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £555,833. It was last sold for £425,000 in May 2019, which was around 27% above the average May 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

THE SIDINGS Sold Prices

Land registry data shows three sales for THE SIDINGS 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 THE SIDINGS 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 24 MAY	£425,000	£334,315	27% above HPI
2003 17 DEC	£265,000	£227,369	17% above HPI
2001 23 APR	£160,000	£127,493	25% above HPI

THE SIDINGS 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 THE SIDINGS sales between April 2001 and May 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 December 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2019 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might THE SIDINGS be worth now?

THE SIDINGS might now be worth an estimated £555,833.

This is based on house price inflation of 30.8%, between May 2019 and February 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 30.8% inflationary increase is applied to the most recent sale price for THE SIDINGS of £425,000 on 24th May 2019. For the value to have increased from £425,000 to £555,833 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of THE SIDINGS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of THE SIDINGS has not materially changed since May 2019.

How Large is THE SIDINGS?

THE SIDINGS is 115m² according to the EPC inspection conducted in July 2018. This puts it in the largest 50% 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 SIDINGS lies on this distribution: 59% of detached houses houses are smaller than THE SIDINGS, and 41% of houses are larger. Note that EPC data is not available for all properties in Bude.

THE SIDINGS: Plot and Title Map

THE SIDINGS sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of THE SIDINGS, 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 SIDINGS). 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 SIDINGS?

THE SIDINGS is located on BENCOOLEN ROAD in BUDE, in the EX23 postcode district. The below map shows the position of THE SIDINGS on BENCOOLEN ROAD.