MERRY HILL, POUGHILL ROAD, BUDE, EX23 8NZ - £785,000

MERRY HILL is a very large detached house of 222m², built sometime between 1930 and 1949. It was last sold for £785,000 in October 2020, which was around 115% above the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

MERRY HILL Sold Prices

Land registry data shows two sales for MERRY HILL 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 MERRY HILL 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
2020 30 OCT	£785,000	£364,602	115% above HPI
1997 30 JUN	£125,000	£79,490	57% above HPI

MERRY HILL 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 MERRY HILL sales from June 1997 and October 2020 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 1997 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the October 2020 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

How Large is MERRY HILL?

MERRY HILL is 222m² according to the EPC inspection conducted in July 2020. 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 MERRY HILL lies on this distribution: 96% of detached houses are smaller than MERRY HILL, and 4% of houses are larger. Note that EPC data is not available for all properties in Bude.

MERRY HILL: Plot and Title Map

MERRY HILL sits on a plot of roughly 0.462 of an acre, or 1,868m². The below map shows the location of MERRY HILL, 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 MERRY HILL). 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 MERRY HILL?

MERRY HILL is located on POUGHILL ROAD in BUDE, in the EX23 postcode district. The below map shows the position of MERRY HILL on POUGHILL ROAD.