8, WOODLAND CLOSE, LANIVET, BODMIN, PL30 5JF - £290,000

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.

8 WOODLAND CLOSE is a small detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £313,734. It was last sold for £290,000 in October 2021, which was around 28% below the average October 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.

8 WOODLAND CLOSE Sold Prices

Land registry data shows two sales for 8 WOODLAND CLOSE 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 8 WOODLAND 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
2021 8 OCT	£290,000	£404,154	28% below HPI
2002 27 SEP	£128,000	£177,770	28% below HPI

8 WOODLAND 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 two 8 WOODLAND CLOSE sales from September 2002 and October 2021 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 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2021 sale, which was also at 28% below the HPI.

What might 8 WOODLAND CLOSE be worth now?

8 WOODLAND CLOSE might now be worth an estimated £313,734.

This is based on house price inflation of 8.2%, between October 2021 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 8.2% inflationary increase is applied to the most recent sale price for 8 WOODLAND CLOSE of £290,000 on 8th October 2021. For the value to have increased from £290,000 to £313,734 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 WOODLAND CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WOODLAND CLOSE has not materially changed since October 2021.

How Large is 8 WOODLAND CLOSE?

8 WOODLAND CLOSE is 94m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses houses in Lanivet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanivet, and where 8 WOODLAND CLOSE lies on this distribution: 23% of detached houses houses are smaller than 8 WOODLAND CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lanivet.

8 WOODLAND CLOSE: Plot and Title Map

8 WOODLAND CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 8 WOODLAND 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 8 WOODLAND 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 8 WOODLAND CLOSE?

8 WOODLAND CLOSE is located in LANIVET, in the PL30 postcode district. The below map shows the position of No. 8 on WOODLAND CLOSE.