2, WALLACE MEWS, BODMIN, PL31 2EX - £105,000

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

2 WALLACE MEWS is a very small semi-detached house of 57m², built sometime between 1983 and 1990. It was last sold for £105,000 in March 2016, which was around 48% below the average March 2016 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

2 WALLACE MEWS Sold Prices

Land registry data shows three sales for 2 WALLACE MEWS 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 2 WALLACE MEWS 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
2016 11 MAR	£105,000	£202,174	48% below HPI
2015 15 OCT	£93,000	£200,455	54% below HPI
1999 26 NOV	£41,500	£63,461	35% below HPI

2 WALLACE MEWS 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 2 WALLACE MEWS sales between November 1999 and March 2016 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 2015 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the March 2016 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2 WALLACE MEWS?

2 WALLACE MEWS is 57m² according to the EPC inspection conducted in November 2015. 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 2 WALLACE MEWS lies on this distribution: 1% of semi-detached houses houses are smaller than 2 WALLACE MEWS, and 99% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

2 WALLACE MEWS: Plot and Title Map

2 WALLACE MEWS sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 2 WALLACE MEWS, 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 WALLACE MEWS). 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 WALLACE MEWS?

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