4, LEA WAY, BUDE, EX23 8HA - £244,000

4 LEA WAY is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £244,000 in August 2012, which was around 10% below the average August 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

4 LEA WAY Sold Prices

Land registry data shows two sales for 4 LEA WAY 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 4 LEA WAY 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
2012 24 AUG	£244,000	£272,110	10% below HPI
2007 23 MAR	£249,950	£284,357	12% below HPI

4 LEA WAY 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 4 LEA WAY sales from March 2007 and August 2012 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 March 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2012 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 LEA WAY?

4 LEA WAY is 70m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses in Bude, based on EPC data. The below chart shows the distribution of detached houses by size in Bude, and where 4 LEA WAY lies on this distribution: 12% of detached houses are smaller than 4 LEA WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Bude.

4 LEA WAY: Plot and Title Map

4 LEA WAY sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 4 LEA WAY, 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 4 LEA WAY). 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 4 LEA WAY?

4 LEA WAY is located in BUDE, in the EX23 postcode district. The below map shows the position of No. 4 on LEA WAY.