4, LUCAS CLOSE, BODMIN, PL31 1BB - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 LUCAS CLOSE is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £275,000 in March 2022, which was around 35% below the average March 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

4 LUCAS CLOSE Sold Prices

Land registry data shows three sales for 4 LUCAS CLOSE 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 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
2022 25 MAR	£275,000	£423,857	35% below HPI
1999 8 DEC	£84,950	£103,327	18% below HPI
1998 18 FEB	£78,995	£85,995	8% below HPI

4 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 three 4 LUCAS CLOSE sales between February 1998 and March 2022 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 December 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 4 LUCAS CLOSE?

4 LUCAS CLOSE is 69m² according to the EPC inspection conducted in December 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 4 LUCAS CLOSE lies on this distribution: 5% of detached houses are smaller than 4 LUCAS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

4 LUCAS CLOSE: Plot and Title Map

4 LUCAS CLOSE sits on a plot of roughly 0.168 of an acre, or 682m². The below map shows the location of 4 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 4 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 4 LUCAS CLOSE?

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