8, OLD ORCHARD CLOSE, MARHAMCHURCH, BUDE, EX23 0EJ - £220,000

8 OLD ORCHARD CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £220,000 in March 2012, which was around 19% below the average March 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

8 OLD ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 8 OLD ORCHARD CLOSE 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 8 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
2012 8 MAR	£220,000	£272,318	19% below HPI
2000 30 JUN	£84,000	£111,422	25% below HPI

8 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 two 8 OLD ORCHARD CLOSE sales from June 2000 and March 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 June 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2012 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 OLD ORCHARD CLOSE?

8 OLD ORCHARD CLOSE is 73m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Marhamchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Marhamchurch, and where 8 OLD ORCHARD CLOSE lies on this distribution: 10% of detached houses are smaller than 8 OLD ORCHARD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Marhamchurch.

8 OLD ORCHARD CLOSE: Plot and Title Map

8 OLD ORCHARD CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 8 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 8 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 8 OLD ORCHARD CLOSE?

8 OLD ORCHARD CLOSE is located in MARHAMCHURCH, in the EX23 postcode district. The below map shows the position of No. 8 on OLD ORCHARD CLOSE.