VILLA ROSA, MORWENNA ROAD, MORWENSTOW, BUDE, EX23 9SW - £203,000

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

VILLA ROSA is a midsized detached house of 112m², built sometime before 1900. It was last sold for £203,000 in July 2018, which was around 39% below the average July 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2016, where the current energy rating was F, and the potential energy rating was C.

VILLA ROSA Sold Prices

Land registry data shows two sales for VILLA ROSA 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 VILLA ROSA 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
2018 27 JUL	£203,000	£330,346	39% below HPI
2016 9 DEC	£280,000	£307,260	9% below HPI

VILLA ROSA 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 VILLA ROSA sales from December 2016 and July 2018 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 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is VILLA ROSA?

VILLA ROSA is 112m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 VILLA ROSA lies on this distribution: 43% of detached houses are smaller than VILLA ROSA, and 57% of houses are larger. Note that EPC data is not available for all properties in Shop.

VILLA ROSA: Plot and Title Map

VILLA ROSA sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of VILLA ROSA, 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 VILLA ROSA). 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 VILLA ROSA?

VILLA ROSA is located on MORWENNA ROAD in MORWENSTOW, in the EX23 postcode district. The below map shows the position of VILLA ROSA on MORWENNA ROAD.