28, WALLACE ROAD, BODMIN, PL31 2EX - £97,500

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.

28 WALLACE ROAD is a small terraced house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £142,339. It was last sold for £97,500 in August 2014, which was around 38% below the average August 2014 terraced price in the Cornwall local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was B.

28 WALLACE ROAD Sold Prices

Land registry data shows three sales for 28 WALLACE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the three 28 WALLACE ROAD 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
2014 22 AUG	£97,500	£156,905	38% below HPI
2003 17 JAN	£73,950	£97,862	24% below HPI
1997 5 DEC	£34,000	£43,186	21% below HPI

28 WALLACE ROAD 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 three 28 WALLACE ROAD sales between December 1997 and August 2014 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 January 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2014 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 28 WALLACE ROAD be worth now?

28 WALLACE ROAD might now be worth an estimated £142,339.

This is based on house price inflation of 46%, between August 2014 and April 2026, 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 46% inflationary increase is applied to the most recent sale price for 28 WALLACE ROAD of £97,500 on 22nd August 2014. For the value to have increased from £97,500 to £142,339 over the twelve years and four months to April 2026, the following assumptions must hold true:

• The value of 28 WALLACE ROAD has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2014 sale price of £97,500 represented a fair market value for the property.
• The size, condition, and specification of 28 WALLACE ROAD has not materially changed since August 2014.

How Large is 28 WALLACE ROAD?

28 WALLACE ROAD is 89m² according to the EPC inspection conducted in July 2009. 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 28 WALLACE ROAD lies on this distribution: 25% of terraced houses houses are smaller than 28 WALLACE ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

28 WALLACE ROAD: Plot and Title Map

28 WALLACE ROAD sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 28 WALLACE ROAD, 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 28 WALLACE ROAD). 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 28 WALLACE ROAD?

28 WALLACE ROAD is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 28 on WALLACE ROAD.