7, HOMEFIELD PARK, BODMIN, PL31 1DJ - £325,000

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

7 HOMEFIELD PARK is a large detached house of 125m², built sometime between 1976 and 1982. It was last sold for £325,000 in September 2020, which was around 10% below the average September 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

7 HOMEFIELD PARK Sold Prices

Land registry data shows two sales for 7 HOMEFIELD PARK 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 7 HOMEFIELD PARK 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
2020 1 SEP	£325,000	£360,367	10% below HPI
2016 15 JUL	£250,000	£302,166	17% below HPI

7 HOMEFIELD PARK 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 7 HOMEFIELD PARK sales from July 2016 and September 2020 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 July 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 7 HOMEFIELD PARK be worth now?

7 HOMEFIELD PARK might now be worth an estimated £400,428.

This is based on house price inflation of 23.2%, between September 2020 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 23.2% inflationary increase is applied to the most recent sale price for 7 HOMEFIELD PARK of £325,000 on 1st September 2020. For the value to have increased from £325,000 to £400,428 over the three years and nine months to December 2024, the following assumptions must hold true:

• The value of 7 HOMEFIELD PARK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HOMEFIELD PARK has not materially changed since September 2020.

How Large is 7 HOMEFIELD PARK?

7 HOMEFIELD PARK is 125m² according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 7 HOMEFIELD PARK lies on this distribution: 66% of detached houses houses are smaller than 7 HOMEFIELD PARK, and 33% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

7 HOMEFIELD PARK: Plot and Title Map

7 HOMEFIELD PARK sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 7 HOMEFIELD PARK, 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 7 HOMEFIELD PARK). 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 7 HOMEFIELD PARK?

7 HOMEFIELD PARK is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 7 on HOMEFIELD PARK.