5, PARC VEAN, NANSTALLON, BODMIN, PL30 5GD - £246,500

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

5 PARC VEAN is a large extended detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £391,670. It was last sold for £246,500 in August 2011, which was around 10% below the average August 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

5 PARC VEAN Sold Prices

Land registry data shows three sales for 5 PARC VEAN 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 5 PARC VEAN 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
2011 19 AUG	£246,500	£275,174	10% below HPI
2004 3 SEP	£245,000	£261,089	6% below HPI
2002 12 JUL	£135,000	£167,868	20% below HPI

5 PARC VEAN 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 5 PARC VEAN sales between July 2002 and August 2011 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 September 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2011 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 PARC VEAN be worth now?

5 PARC VEAN might now be worth an estimated £391,670.

This is based on house price inflation of 58.9%, between August 2011 and February 2025, 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 58.9% inflationary increase is applied to the most recent sale price for 5 PARC VEAN of £246,500 on 19th August 2011. For the value to have increased from £246,500 to £391,670 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 5 PARC VEAN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2011 sale price of £246,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PARC VEAN has not materially changed since August 2011.

How Large is 5 PARC VEAN?

5 PARC VEAN is 128m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 40% of detached houses houses in Nanstallon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nanstallon, and where 5 PARC VEAN lies on this distribution: 66% of detached houses houses are smaller than 5 PARC VEAN, and 34% of houses are larger. Note that EPC data is not available for all properties in Nanstallon.

5 PARC VEAN: Plot and Title Map

5 PARC VEAN sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 5 PARC VEAN, 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 5 PARC VEAN). 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 5 PARC VEAN?

5 PARC VEAN is located in NANSTALLON, in the PL30 postcode district. The below map shows the position of No. 5 on PARC VEAN.