16, MARKS DRIVE, BODMIN, PL31 1BD - £180,000

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

16 MARKS DRIVE is a very small semi-detached house of 49m², built sometime between 1996 and 2002. It was last sold for £180,000 in September 2007, which was around 11% below the average September 2007 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

16 MARKS DRIVE Sold Prices

Land registry data shows four sales for 16 MARKS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the four 16 MARKS DRIVE 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
2007 10 SEP	£180,000	£201,547	11% below HPI
2005 4 JUL	£170,000	£174,585	3% below HPI
1999 10 AUG	£59,950	£61,373	2% below HPI
1997 26 SEP	£51,995	£52,851	2% below HPI

16 MARKS DRIVE 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 four 16 MARKS DRIVE sales between September 1997 and September 2007 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 July 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2007 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 16 MARKS DRIVE be worth now?

16 MARKS DRIVE might now be worth an estimated £262,005.

This is based on house price inflation of 45.6%, between September 2007 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 45.6% inflationary increase is applied to the most recent sale price for 16 MARKS DRIVE of £180,000 on 10th September 2007. For the value to have increased from £180,000 to £262,005 over the sixteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 16 MARKS DRIVE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The September 2007 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARKS DRIVE has not materially changed since September 2007.

How Large is 16 MARKS DRIVE?

16 MARKS DRIVE is 49m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 16 MARKS DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 16 MARKS DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

16 MARKS DRIVE: Plot and Title Map

16 MARKS DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 16 MARKS DRIVE, 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 16 MARKS DRIVE). 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 16 MARKS DRIVE?

16 MARKS DRIVE is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 16 on MARKS DRIVE.