2, PENNINGTON CLOSE, BODMIN, PL31 2GN - £196,500

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 PENNINGTON CLOSE is a very small extended detached house of 82m², built sometime from 2012 onwards, which could now be worth an estimated £277,040. It was last sold for £196,500 in August 2016, which was around 36% below the average August 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2025, where the current energy rating was C, and the potential energy rating was B.

2 PENNINGTON CLOSE Sold Prices

Land registry data shows three sales for 2 PENNINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 2 PENNINGTON 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
2016 26 AUG	£196,500	£305,644	36% below HPI
2016 16 AUG	£195,000	£305,644	36% below HPI
2014 6 OCT	£200,950	£295,316	32% below HPI

2 PENNINGTON 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 three 2 PENNINGTON CLOSE sales between October 2014 and August 2016 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 August 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2016 sale, which was also at 36% below the HPI.

What might 2 PENNINGTON CLOSE be worth now?

2 PENNINGTON CLOSE might now be worth an estimated £277,040.

This is based on house price inflation of 41%, between August 2016 and October 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 41% inflationary increase is applied to the most recent sale price for 2 PENNINGTON CLOSE of £196,500 on 26th August 2016. For the value to have increased from £196,500 to £277,040 over the eight years and ten months to October 2025, the following assumptions must hold true:

• The value of 2 PENNINGTON CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2016 sale price of £196,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PENNINGTON CLOSE has not materially changed since August 2016.

How Large is 2 PENNINGTON CLOSE?

2 PENNINGTON CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in April 2025. This puts it in the smallest 20% 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 2 PENNINGTON CLOSE lies on this distribution: 16% of detached houses houses are smaller than 2 PENNINGTON CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

2 PENNINGTON CLOSE: Plot and Title Map

2 PENNINGTON CLOSE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 2 PENNINGTON 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 PENNINGTON 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 PENNINGTON CLOSE?

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