7, LEA WAY, BUDE, EX23 8HA - £275,000

7 LEA WAY is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £275,000 in July 2014, which was around 2% below the average July 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

7 LEA WAY Sold Prices

Land registry data shows three sales for 7 LEA WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 7 LEA WAY sales were for below the average price, whilst one was 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
2014 29 JUL	£275,000	£281,141	2% below HPI
2011 2 NOV	£232,000	£272,032	15% below HPI
1995 6 JUN	£79,000	£70,749	12% above HPI

7 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 three 7 LEA WAY sales between June 1995 and July 2014 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 November 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 LEA WAY?

7 LEA WAY is 89m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% of detached houses in Bude, based on EPC data. The below chart shows the distribution of detached houses by size in Bude, and where 7 LEA WAY lies on this distribution: 33% of detached houses are smaller than 7 LEA WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Bude.

7 LEA WAY: Plot and Title Map

7 LEA WAY sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 7 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 7 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 7 LEA WAY?

7 LEA WAY is located in BUDE, in the EX23 postcode district. The below map shows the position of No. 7 on LEA WAY.