1, MARCHELE CLOSE, BODMIN, PL31 1HR - £132,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MARCHELE CLOSE is a very small semi-detached house of 77m², built sometime between 2003 and 2006. It was last sold for £132,000 in September 2012, which was around 26% below the average September 2012 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

1 MARCHELE CLOSE Sold Prices

Land registry data shows two sales for 1 MARCHELE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 1 MARCHELE 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
2012 14 SEP	£132,000	£178,297	26% below HPI
2003 3 DEC	£129,950	£144,409	10% below HPI

1 MARCHELE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 1 MARCHELE CLOSE sales from December 2003 and September 2012 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 December 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2012 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 MARCHELE CLOSE be worth now?

1 MARCHELE CLOSE might now be worth an estimated £217,191.

This is based on house price inflation of 64.5%, between September 2012 and December 2024, for semi-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 64.5% inflationary increase is applied to the most recent sale price for 1 MARCHELE CLOSE of £132,000 on 14th September 2012. For the value to have increased from £132,000 to £217,191 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 MARCHELE CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The September 2012 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARCHELE CLOSE has not materially changed since September 2012.

How Large is 1 MARCHELE CLOSE?

1 MARCHELE CLOSE is 77m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of semi-detached houses houses in Bodmin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bodmin, and where 1 MARCHELE CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 1 MARCHELE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

1 MARCHELE CLOSE: Plot and Title Map

1 MARCHELE CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 1 MARCHELE 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 1 MARCHELE 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 1 MARCHELE CLOSE?

1 MARCHELE CLOSE is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 1 on MARCHELE CLOSE.