70, WALLACE ROAD, BODMIN, PL31 2EX - £179,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

70 WALLACE ROAD is a midsized detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £250,709. It was last sold for £179,000 in March 2016, which was around 43% below the average March 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

70 WALLACE ROAD Sold Prices

Land registry data shows two sales for 70 WALLACE ROAD 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 70 WALLACE ROAD 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 16 MAR	£179,000	£312,172	43% below HPI
2014 14 FEB	£148,000	£282,963	48% below HPI

70 WALLACE ROAD 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 70 WALLACE ROAD sales from February 2014 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 February 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2016 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 70 WALLACE ROAD be worth now?

70 WALLACE ROAD might now be worth an estimated £250,709.

This is based on house price inflation of 40.1%, between March 2016 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 40.1% inflationary increase is applied to the most recent sale price for 70 WALLACE ROAD of £179,000 on 16th March 2016. For the value to have increased from £179,000 to £250,709 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 70 WALLACE ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2016 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 70 WALLACE ROAD has not materially changed since March 2016.

How Large is 70 WALLACE ROAD?

70 WALLACE ROAD is 113m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 70 WALLACE ROAD lies on this distribution: 49% of detached houses houses are smaller than 70 WALLACE ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

70 WALLACE ROAD: Plot and Title Map

70 WALLACE ROAD sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 70 WALLACE ROAD, 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 70 WALLACE ROAD). 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 70 WALLACE ROAD?

70 WALLACE ROAD is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 70 on WALLACE ROAD.