3, CRABTREE LANE, BODMIN, PL31 1BL - £350,000

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.

3 CRABTREE LANE is a very large extended detached house of 190m², built sometime between 1930 and 1949, which could now be worth an estimated £488,010. It was last sold for £350,000 in September 2016, which was around 14% above the average September 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

3 CRABTREE LANE Sold Prices

Land registry data shows three sales for 3 CRABTREE LANE 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 3 CRABTREE LANE 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
2016 22 SEP	£350,000	£307,396	14% above HPI
2004 27 JAN	£270,000	£229,875	17% above HPI
1997 7 JUL	£118,500	£82,169	44% above HPI

3 CRABTREE LANE 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 3 CRABTREE LANE sales between July 1997 and September 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 January 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 3 CRABTREE LANE be worth now?

3 CRABTREE LANE might now be worth an estimated £488,010.

This is based on house price inflation of 39.4%, between September 2016 and May 2026, 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 39.4% inflationary increase is applied to the most recent sale price for 3 CRABTREE LANE of £350,000 on 22nd September 2016. For the value to have increased from £350,000 to £488,010 over the ten years and four months to May 2026, the following assumptions must hold true:

• The value of 3 CRABTREE LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CRABTREE LANE has not materially changed since September 2016.

How Large is 3 CRABTREE LANE?

3 CRABTREE LANE is 190m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% 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 3 CRABTREE LANE lies on this distribution: 93% of detached houses houses are smaller than 3 CRABTREE LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

3 CRABTREE LANE: Plot and Title Map

3 CRABTREE LANE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 3 CRABTREE LANE, 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 3 CRABTREE LANE). 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 3 CRABTREE LANE?

3 CRABTREE LANE is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 3 on CRABTREE LANE.