2, GEDON WAY, BODMIN, PL31 2FW - £300,000

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.

2 GEDON WAY is a small terraced house of 94m², which could now be worth an estimated £278,710. It was last sold for £300,000 in August 2022, which was around 24% above the average August 2022 terraced price in the Cornwall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

2 GEDON WAY Sold Prices

Land registry data shows four sales for 2 GEDON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the four 2 GEDON WAY sales were for above 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
2022 2 AUG	£300,000	£241,716	24% above HPI
2020 30 NOV	£205,000	£199,645	3% above HPI
2020 9 OCT	£203,000	£196,183	3% above HPI
2017 3 FEB	£205,000	£166,543	23% above HPI

2 GEDON WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The four 2 GEDON WAY sales between February 2017 and August 2022 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 November 2020 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 2 GEDON WAY be worth now?

2 GEDON WAY might now be worth an estimated £278,710.

This is based on house price deflation of 7.1%, between August 2022 and June 2025, for terraced 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 7.1% deflationary decrease is applied to the most recent sale price for 2 GEDON WAY of £300,000 on 2nd August 2022. For the value to have decreased from £300,000 to £278,710 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 2 GEDON WAY has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GEDON WAY has not materially changed since August 2022.

How Large is 2 GEDON WAY?

2 GEDON WAY is 94m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of terraced houses houses in Bodmin, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bodmin, and where 2 GEDON WAY lies on this distribution: 30% of terraced houses houses are smaller than 2 GEDON WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

2 GEDON WAY: Plot and Title Map

2 GEDON WAY sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 2 GEDON WAY, 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 2 GEDON WAY). 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 2 GEDON WAY?

2 GEDON WAY is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 2 on GEDON WAY.