4, CHESTNUT GROVE, BODMIN, PL31 1QD - £229,950

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

4 CHESTNUT GROVE is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £229,950 in June 2016, which was around 23% below the average June 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

4 CHESTNUT GROVE Sold Prices

Land registry data shows three sales for 4 CHESTNUT GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 4 CHESTNUT GROVE 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 30 JUN	£229,950	£299,819	23% below HPI
2003 26 AUG	£168,000	£218,237	23% below HPI
2001 28 SEP	£99,950	£139,082	28% below HPI

4 CHESTNUT GROVE 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 three 4 CHESTNUT GROVE sales between September 2001 and June 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 August 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2016 sale, which was also at 23% below the HPI.

What might 4 CHESTNUT GROVE be worth now?

4 CHESTNUT GROVE might now be worth an estimated £340,534.

This is based on house price inflation of 48.1%, between June 2016 and December 2024, for 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 48.1% inflationary increase is applied to the most recent sale price for 4 CHESTNUT GROVE of £229,950 on 30th June 2016. For the value to have increased from £229,950 to £340,534 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 4 CHESTNUT GROVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2016 sale price of £229,950 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESTNUT GROVE has not materially changed since June 2016.

How Large is 4 CHESTNUT GROVE?

4 CHESTNUT GROVE is 86m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses houses in Bodmin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bodmin, and where 4 CHESTNUT GROVE lies on this distribution: 21% of detached houses houses are smaller than 4 CHESTNUT GROVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

4 CHESTNUT GROVE: Plot and Title Map

4 CHESTNUT GROVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 4 CHESTNUT GROVE, 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 4 CHESTNUT GROVE). 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 4 CHESTNUT GROVE?

4 CHESTNUT GROVE is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 4 on CHESTNUT GROVE.