16, VALLEY VIEW, BODMIN, PL31 1BE - £245,000

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.

16 VALLEY VIEW is a large extended detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £338,878. It was last sold for £245,000 in June 2015, which was around 19% below the average June 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

16 VALLEY VIEW Sold Prices

Land registry data shows two sales for 16 VALLEY VIEW 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 16 VALLEY VIEW 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
2015 26 JUN	£245,000	£301,492	19% below HPI
2006 10 JUL	£228,000	£273,544	17% below HPI

16 VALLEY VIEW 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 16 VALLEY VIEW sales from July 2006 and June 2015 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 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 16 VALLEY VIEW be worth now?

16 VALLEY VIEW might now be worth an estimated £338,878.

This is based on house price inflation of 38.3%, between June 2015 and June 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 38.3% inflationary increase is applied to the most recent sale price for 16 VALLEY VIEW of £245,000 on 26th June 2015. For the value to have increased from £245,000 to £338,878 over the ten years to June 2025, the following assumptions must hold true:

• The value of 16 VALLEY VIEW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 16 VALLEY VIEW has not materially changed since June 2015.

How Large is 16 VALLEY VIEW?

16 VALLEY VIEW is 124m², which includes one extension, according to the EPC inspection conducted in October 2014. 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 16 VALLEY VIEW lies on this distribution: 65% of detached houses houses are smaller than 16 VALLEY VIEW, and 34% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

16 VALLEY VIEW: Plot and Title Map

16 VALLEY VIEW sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 16 VALLEY VIEW, 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 16 VALLEY VIEW). 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 16 VALLEY VIEW?

16 VALLEY VIEW is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 16 on VALLEY VIEW.