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According to the public record, 2, Orchard Way, Bude is a modern freehold house with 1,851 ft2 of internal area and sits on a 288 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Orchard Way, Bude is £582,660 and the estimated rental value is £1,898 per month.
Orchard Way, Bude, EX23 is located within the EX23 postal district.
2, Orchard Way, Bude has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Orchard Way, Bude is in very good condition we estimate a sale value of £611,793 and a rental value of £1,993 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,874 and a rental value of £1,765 per month.
Over the last 12 months the sale value of 2 Orchard Way Bude has decreased by an estimated £2,463 (0.4%) and its rental value has increased by an estimated £61 per month (3.2%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 2, Orchard Way, Bude sits on a plot of 288m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Orchard Way, Bude sits on the 3rd largest plot.
2, Orchard Way, Bude has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jun 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Orchard Way, Bude was last sold on 27th February 2018 for £430,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2018, the market for similar properties has risen 27.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Orchard Way, Bude within a radius of 640 metres over the last 2 years.
The most recent example is 14A, The Crescent, Bude, EX23 8LE, a freehold house which sold for £530,000 on the 12th February 2024.
Read more about house prices in EX23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Way, Bude, EX23 has a total of 3 addresses. According to our analysis of all the public data, 2, Orchard Way, Bude is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £199k more expensive than the average property in EX23.
The closest station to 2, Orchard Way, Bude is Okehampton station which is 39.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Orchard Way, Bude, 60.4% of property is privately owned outright and 23.7% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Orchard Way, Bude, 16.9% of residents are recorded as possessing school level qualifications and 28.6% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Orchard Way, Bude, the average age was 46.3 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Orchard Way, Bude, 0.7% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Orchard Way, Bude, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.