FLAT 5, TREE VIEW, FORE STREET, STRATTON, BUDE, EX23 9DA - £85,000

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.

FLAT 5 TREE VIEW is a very small extended flat of 45m², built sometime between 1900 and 1929, which could now be worth an estimated £77,080. It was last sold for £85,000 in June 2023, which was around 48% below the average June 2023 flat price in the Cornwall local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

FLAT 5 TREE VIEW Sold Prices

Land registry data shows two sales for FLAT 5 TREE VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Cornwall local authority area for the corresponding sale date. Both of the two FLAT 5 TREE VIEW 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
2023 23 JUN	£85,000	£162,176	48% below HPI
2007 23 APR	£77,000	£134,132	43% below HPI

What might FLAT 5 TREE VIEW be worth now?

FLAT 5 TREE VIEW might now be worth an estimated £77,080.

This is based on house price deflation of 9.3%, between June 2023 and May 2026, for flats, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.3% deflationary decrease is applied to the most recent sale price for FLAT 5 TREE VIEW of £85,000 on 23rd June 2023. For the value to have decreased from £85,000 to £77,080 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of FLAT 5 TREE VIEW has moved in line with the HPI for flats in the Cornwall local authority area.
• The June 2023 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 5 TREE VIEW has not materially changed since June 2023.

How Large is FLAT 5 TREE VIEW?

FLAT 5 TREE VIEW is 45m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of flats in Stratton, based on EPC data. 14% of flats are smaller than FLAT 5 TREE VIEW, and 86% of flats are larger. Note that EPC data is not available for all properties in Stratton.

FLAT 5 TREE VIEW: Plot

FLAT 5 TREE VIEW sits on a plot of roughly 0.044 of an acre, or 180m².

Where is FLAT 5 TREE VIEW?

FLAT 5, TREE VIEW is located on FORE STREET in STRATTON, in the EX23 postcode district.