32, MEADOW DRIVE, BUDE, EX23 8HZ - £267,500

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.

32 MEADOW DRIVE is a very small terraced house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £287,774. It was last sold for £267,500 in June 2021, which was around 25% above the average June 2021 terraced price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

32 MEADOW DRIVE Sold Prices

Land registry data shows three sales for 32 MEADOW DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the three 32 MEADOW DRIVE 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
2021 10 JUN	£267,500	£214,354	25% above HPI
2016 11 JUL	£186,250	£163,555	14% above HPI
2005 8 APR	£145,000	£140,937	3% above HPI

32 MEADOW DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The three 32 MEADOW DRIVE sales between April 2005 and June 2021 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 July 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 32 MEADOW DRIVE be worth now?

32 MEADOW DRIVE might now be worth an estimated £287,774.

This is based on house price inflation of 7.6%, between June 2021 and May 2026, for terraced 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 7.6% inflationary increase is applied to the most recent sale price for 32 MEADOW DRIVE of £267,500 on 10th June 2021. For the value to have increased from £267,500 to £287,774 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 32 MEADOW DRIVE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The June 2021 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 32 MEADOW DRIVE has not materially changed since June 2021.

How Large is 32 MEADOW DRIVE?

32 MEADOW DRIVE is 72m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of terraced houses houses in Bude, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bude, and where 32 MEADOW DRIVE lies on this distribution: 13% of terraced houses houses are smaller than 32 MEADOW DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bude.

32 MEADOW DRIVE: Plot and Title Map

32 MEADOW DRIVE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 32 MEADOW DRIVE, 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 32 MEADOW DRIVE). 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 32 MEADOW DRIVE?

32 MEADOW DRIVE is located in BUDE, in the EX23 postcode district. The below map shows the position of No. 32 on MEADOW DRIVE.