18, MARKS DRIVE, BODMIN, PL31 1BD - £227,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 MARKS DRIVE is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £227,000 in March 2021, which was around 40% below the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

18 MARKS DRIVE Sold Prices

Land registry data shows two sales for 18 MARKS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 18 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
2021 16 MAR	£227,000	£375,921	40% below HPI
1998 29 JAN	£69,995	£86,449	19% below HPI

18 MARKS DRIVE 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 two 18 MARKS DRIVE sales from January 1998 and March 2021 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 January 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 18 MARKS DRIVE?

18 MARKS DRIVE is 65m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Bodmin, based on EPC data. The below chart shows the distribution of detached houses by size in Bodmin, and where 18 MARKS DRIVE lies on this distribution: 4% of detached houses are smaller than 18 MARKS DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

18 MARKS DRIVE: Plot and Title Map

18 MARKS DRIVE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of 18 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 18 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 18 MARKS DRIVE?

18 MARKS DRIVE is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 18 on MARKS DRIVE.