SPRINGFIELD, POUGHILL ROAD, BUDE, EX23 8NZ - £695,000

SPRINGFIELD is a very large extended detached house of 189m², built sometime between 1930 and 1949. It was last sold for £695,000 in November 2019, which was around 102% above the average November 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

SPRINGFIELD Sold Prices

Land registry data shows three sales for SPRINGFIELD 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. All of the three SPRINGFIELD 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
2019 22 NOV	£695,000	£344,140	102% above HPI
2016 1 AUG	£533,000	£300,903	77% above HPI
2006 28 JUL	£472,000	£269,302	75% above HPI

SPRINGFIELD 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 SPRINGFIELD sales between July 2006 and November 2019 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 August 2016 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the November 2019 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is SPRINGFIELD?

SPRINGFIELD is 189m², which includes two extensions, according to the EPC inspection conducted in March 2016. 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 SPRINGFIELD lies on this distribution: 93% of detached houses are smaller than SPRINGFIELD, and 6% of houses are larger. Note that EPC data is not available for all properties in Bude.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

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