2, MARCHELE CLOSE, BODMIN, PL31 1HR - £129,500

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.

2 MARCHELE CLOSE is a very small semi-detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £240,484. It was last sold for £129,500 in March 2004, which was around 14% below the average March 2004 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was May 2026, where the current energy rating was C, and the potential energy rating was C.

2 MARCHELE CLOSE Sold Prices

Land registry data shows two sales for 2 MARCHELE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 2 MARCHELE 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
2004 26 MAR	£129,500	£150,128	14% below HPI
2003 14 NOV	£65,000	£143,573	55% below HPI

2 MARCHELE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 2 MARCHELE CLOSE sales from November 2003 and March 2004 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 2003 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2004 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 MARCHELE CLOSE be worth now?

2 MARCHELE CLOSE might now be worth an estimated £240,484.

This is based on house price inflation of 85.7%, between March 2004 and April 2026, for semi-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 85.7% inflationary increase is applied to the most recent sale price for 2 MARCHELE CLOSE of £129,500 on 26th March 2004. For the value to have increased from £129,500 to £240,484 over the 21 years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 MARCHELE CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The March 2004 sale price of £129,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MARCHELE CLOSE has not materially changed since March 2004.

How Large is 2 MARCHELE CLOSE?

2 MARCHELE CLOSE is 82m² according to the EPC inspection conducted in May 2026. This puts it in the smallest 20% of semi-detached houses houses in Bodmin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bodmin, and where 2 MARCHELE CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 2 MARCHELE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

2 MARCHELE CLOSE: Plot and Title Map

2 MARCHELE CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 2 MARCHELE 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 2 MARCHELE 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 2 MARCHELE CLOSE?

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