2, PENQUITE DRIVE, BODMIN, PL31 2BS - £340,000

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

2 PENQUITE DRIVE is a midsized detached house of 114m², built sometime between 1983 and 1990. It was last sold for £340,000 in April 2021, which was around 10% below the average April 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2 PENQUITE DRIVE Sold Prices

Land registry data shows two sales for 2 PENQUITE 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 2 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
2021 13 APR	£340,000	£376,698	10% below HPI
2001 8 NOV	£130,000	£141,481	8% below HPI

2 PENQUITE 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 2 PENQUITE DRIVE sales from November 2001 and April 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 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 PENQUITE DRIVE?

2 PENQUITE DRIVE is 114m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% 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 PENQUITE DRIVE lies on this distribution: 49% of detached houses are smaller than 2 PENQUITE DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

2 PENQUITE DRIVE: Plot and Title Map

2 PENQUITE DRIVE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 2 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 2 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 2 PENQUITE DRIVE?

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