2, PENNINGTON CLOSE, BODMIN, PL31 2GN - £196,500

2 PENNINGTON CLOSE is a very small detached house of 84m². It was last sold for £196,500 in August 2016, which was around 35% below the average August 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was A.

2 PENNINGTON CLOSE Sold Prices

Land registry data shows three sales for 2 PENNINGTON CLOSE 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 2 PENNINGTON CLOSE 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
2016 26 AUG	£196,500	£300,903	35% below HPI
2016 16 AUG	£195,000	£300,903	35% below HPI
2014 6 OCT	£200,950	£290,735	31% below HPI

2 PENNINGTON CLOSE 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 2 PENNINGTON CLOSE sales between October 2014 and August 2016 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2016 sale, which was also at 35% below the HPI.

How Large is 2 PENNINGTON CLOSE?

2 PENNINGTON CLOSE is 84m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Bodmin, based on EPC data. The below chart shows the distribution of detached houses by size in Bodmin, and where 2 PENNINGTON CLOSE lies on this distribution: 18% of detached houses are smaller than 2 PENNINGTON CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

2 PENNINGTON CLOSE: Plot and Title Map

2 PENNINGTON CLOSE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 2 PENNINGTON CLOSE, 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 2 PENNINGTON CLOSE). 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 2 PENNINGTON CLOSE?

2 PENNINGTON CLOSE is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 2 on PENNINGTON CLOSE.