MAER BRIDGE, MAER LANE, BUDE, EX23 8NQ - £475,000

MAER BRIDGE is a very large extended detached house of 189m², built sometime between 1930 and 1949. It was last sold for £475,000 in June 2017, which was around 53% above the average June 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2023, where the current energy rating was B, and the potential energy rating was B.

MAER BRIDGE Sold Prices

Land registry data shows two sales for MAER BRIDGE 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 MAER BRIDGE 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
2017 30 JUN	£475,000	£311,096	53% above HPI
2011 30 SEP	£410,000	£274,568	49% above HPI

MAER BRIDGE 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 MAER BRIDGE sales from September 2011 and June 2017 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 September 2011 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the June 2017 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is MAER BRIDGE?

MAER BRIDGE is 189m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 10% of detached houses in Bude, based on EPC data. The below chart shows the distribution of detached houses by size in Bude, and where MAER BRIDGE lies on this distribution: 93% of detached houses are smaller than MAER BRIDGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Bude.

MAER BRIDGE: Plot and Title Map

MAER BRIDGE sits on a plot of roughly 0.252 of an acre, or 1,018m². The below map shows the location of MAER BRIDGE, 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 MAER BRIDGE). 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 MAER BRIDGE?

MAER BRIDGE is located on MAER LANE in BUDE, in the EX23 postcode district. The below map shows the position of MAER BRIDGE on MAER LANE.