2, LUCAS CLOSE, BODMIN, PL31 1BB - £269,950

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

2 LUCAS CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £269,950 in May 2021, which was around 28% below the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

2 LUCAS CLOSE Sold Prices

Land registry data shows two sales for 2 LUCAS CLOSE 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 2 LUCAS 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
2021 14 MAY	£269,950	£375,609	28% below HPI
1997 7 NOV	£73,995	£85,550	14% below HPI

2 LUCAS 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 two 2 LUCAS CLOSE sales from November 1997 and May 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 November 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 LUCAS CLOSE?

2 LUCAS CLOSE is 71m² according to the EPC inspection conducted in March 2021. 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 2 LUCAS CLOSE lies on this distribution: 6% of detached houses are smaller than 2 LUCAS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

2 LUCAS CLOSE: Plot and Title Map

2 LUCAS CLOSE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 2 LUCAS 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 LUCAS 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 LUCAS CLOSE?

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