8, TOWER HILL GARDENS, BODMIN, PL31 2FD - £297,500

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.

8 TOWER HILL GARDENS is a large detached house of 124m², which could now be worth an estimated £376,072. It was last sold for £297,500 in January 2020, which was around 14% below the average January 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2012, where the current energy rating was B, and the potential energy rating was B.

8 TOWER HILL GARDENS Sold Prices

Land registry data shows three sales for 8 TOWER HILL GARDENS 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 8 TOWER HILL GARDENS 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 10 JAN	£297,500	£345,881	14% below HPI
2017 11 SEP	£300,000	£326,936	8% below HPI
2013 11 NOV	£247,000	£282,318	13% below HPI

8 TOWER HILL GARDENS 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 8 TOWER HILL GARDENS sales between November 2013 and January 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 September 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 TOWER HILL GARDENS be worth now?

8 TOWER HILL GARDENS might now be worth an estimated £376,072.

This is based on house price inflation of 26.4%, between January 2020 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 26.4% inflationary increase is applied to the most recent sale price for 8 TOWER HILL GARDENS of £297,500 on 10th January 2020. For the value to have increased from £297,500 to £376,072 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 TOWER HILL GARDENS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2020 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 8 TOWER HILL GARDENS has not materially changed since January 2020.

How Large is 8 TOWER HILL GARDENS?

8 TOWER HILL GARDENS is 124m² according to the EPC inspection conducted in November 2012. 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 8 TOWER HILL GARDENS lies on this distribution: 65% of detached houses houses are smaller than 8 TOWER HILL GARDENS, and 34% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

8 TOWER HILL GARDENS: Plot and Title Map

8 TOWER HILL GARDENS sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 8 TOWER HILL GARDENS, 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 8 TOWER HILL GARDENS). 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 8 TOWER HILL GARDENS?

8 TOWER HILL GARDENS is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 8 on TOWER HILL GARDENS.