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

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.

VILLA ROSA is a midsized detached house of 112m², built sometime before 1900, which could now be worth an estimated £266,888. It was last sold for £203,000 in July 2018, which was around 40% 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	£335,551	40% below HPI
2016 9 DEC	£280,000	£312,100	10% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might VILLA ROSA be worth now?

VILLA ROSA might now be worth an estimated £266,888.

This is based on house price inflation of 31.5%, between July 2018 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 31.5% inflationary increase is applied to the most recent sale price for VILLA ROSA of £203,000 on 27th July 2018. For the value to have increased from £203,000 to £266,888 over the seven years and four months to March 2025, the following assumptions must hold true:

• The value of VILLA ROSA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2018 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of VILLA ROSA has not materially changed since July 2018.

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 houses in Shop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shop, and where VILLA ROSA lies on this distribution: 43% of detached houses 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.