18, PENQUITE DRIVE, BODMIN, PL31 2BS - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 PENQUITE DRIVE is a very small semi-detached house of 46m², built sometime between 1976 and 1982, which could now be worth an estimated £190,561. It was last sold for £120,000 in September 2013, which was around 35% below the average September 2013 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was A.

18 PENQUITE DRIVE Sold Prices

Land registry data shows three sales for 18 PENQUITE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 18 PENQUITE 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
2013 9 SEP	£120,000	£184,402	35% below HPI
2003 10 OCT	£125,000	£141,457	12% below HPI
1999 21 MAY	£49,950	£59,296	16% below HPI

18 PENQUITE 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 three 18 PENQUITE DRIVE sales between May 1999 and September 2013 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 October 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 18 PENQUITE DRIVE be worth now?

18 PENQUITE DRIVE might now be worth an estimated £190,561.

This is based on house price inflation of 58.8%, between September 2013 and March 2025, 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 58.8% inflationary increase is applied to the most recent sale price for 18 PENQUITE DRIVE of £120,000 on 9th September 2013. For the value to have increased from £120,000 to £190,561 over the twelve years and six months to March 2025, the following assumptions must hold true:

• The value of 18 PENQUITE DRIVE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The September 2013 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PENQUITE DRIVE has not materially changed since September 2013.

How Large is 18 PENQUITE DRIVE?

18 PENQUITE DRIVE is 46m² according to the EPC inspection conducted in May 2013. 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 18 PENQUITE DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 18 PENQUITE DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

18 PENQUITE DRIVE: Plot and Title Map

18 PENQUITE DRIVE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 18 PENQUITE 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 PENQUITE 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 PENQUITE DRIVE?

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