2, OLD ORCHARD CLOSE, MARHAMCHURCH, BUDE, EX23 0EJ - £350,000

2 OLD ORCHARD CLOSE is a small detached house of 107m², built sometime between 1996 and 2002. It was last sold for £350,000 in July 2019, which was around 4% above the average July 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

2 OLD ORCHARD CLOSE Sold Prices

Land registry data shows four sales for 2 OLD ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 2 OLD ORCHARD CLOSE 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 16 JUL	£350,000	£337,063	4% above HPI
2005 9 MAY	£245,000	£257,330	5% below HPI
2001 17 DEC	£137,500	£142,349	3% below HPI
1999 25 JUN	£88,000	£95,052	7% below HPI

2 OLD ORCHARD CLOSE 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 four 2 OLD ORCHARD CLOSE sales between June 1999 and July 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 May 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 OLD ORCHARD CLOSE?

2 OLD ORCHARD CLOSE is 107m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses in Marhamchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Marhamchurch, and where 2 OLD ORCHARD CLOSE lies on this distribution: 38% of detached houses are smaller than 2 OLD ORCHARD CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Marhamchurch.

2 OLD ORCHARD CLOSE: Plot and Title Map

2 OLD ORCHARD CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 2 OLD ORCHARD CLOSE, 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 2 OLD ORCHARD CLOSE). 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 2 OLD ORCHARD CLOSE?

2 OLD ORCHARD CLOSE is located in MARHAMCHURCH, in the EX23 postcode district. The below map shows the position of No. 2 on OLD ORCHARD CLOSE.