THE ASHES, NANSTALLON, BODMIN, PL30 5JZ - £325,000

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.

THE ASHES is a small detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £372,451. It was last sold for £325,000 in May 2021, which was around 15% below the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

THE ASHES Sold Prices

Land registry data shows two sales for THE ASHES 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 THE ASHES 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 21 MAY	£325,000	£381,527	15% below HPI
2007 9 MAR	£101,000	£288,836	65% below HPI

THE ASHES 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 THE ASHES sales from March 2007 and May 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 March 2007 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the May 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might THE ASHES be worth now?

THE ASHES might now be worth an estimated £372,451.

This is based on house price inflation of 14.6%, between May 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 14.6% inflationary increase is applied to the most recent sale price for THE ASHES of £325,000 on 21st May 2021. For the value to have increased from £325,000 to £372,451 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of THE ASHES has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of THE ASHES has not materially changed since May 2021.

How Large is THE ASHES?

THE ASHES is 91m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% 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 THE ASHES lies on this distribution: 22% of detached houses houses are smaller than THE ASHES, and 78% of houses are larger. Note that EPC data is not available for all properties in Nanstallon.

THE ASHES: Plot and Title Map

THE ASHES sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of THE ASHES, 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 THE ASHES). 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 THE ASHES?

THE ASHES is located in NANSTALLON, in the PL30 postcode district. The below map shows the position of THE ASHES in NANSTALLON.