2, MELLIARS WAY, BUDE, EX23 8HB - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MELLIARS WAY is a very small detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £317,844. It was last sold for £250,000 in August 2018, which was around 26% below the average August 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

2 MELLIARS WAY Sold Prices

Land registry data shows one sale for 2 MELLIARS WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 20 AUG	£250,000	£337,121	26% below HPI

What might 2 MELLIARS WAY be worth now?

2 MELLIARS WAY might now be worth an estimated £317,844.

This is based on house price inflation of 27.1%, between August 2018 and May 2026, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.1% inflationary increase is applied to the most recent sale price for 2 MELLIARS WAY of £250,000 on 20th August 2018. For the value to have increased from £250,000 to £317,844 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 2 MELLIARS WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MELLIARS WAY has not materially changed since August 2018.

How Large is 2 MELLIARS WAY?

2 MELLIARS WAY is 66m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 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 2 MELLIARS WAY lies on this distribution: 6% of detached houses are smaller than 2 MELLIARS WAY, and 93% of detached houses are larger. Note that EPC data is not available for all properties in Bude.

2 MELLIARS WAY: Plot

2 MELLIARS WAY sits on a plot of roughly 0.080 of an acre, or 324m².

Where is 2 MELLIARS WAY?

2 MELLIARS WAY is located in BUDE, in the EX23 postcode district.