38, MOLINNIS ROAD, BUGLE, ST AUSTELL, PL26 8QJ - £137,000

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.

38 MOLINNIS ROAD is a midsized extended semi-detached house of 99m², built sometime before 1900, which could now be worth an estimated £210,800. It was last sold for £137,000 in May 2012, which was around 25% below the average May 2012 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was E.

38 MOLINNIS ROAD Sold Prices

Land registry data shows three sales for 38 MOLINNIS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 38 MOLINNIS 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
2012 11 MAY	£137,000	£182,809	25% below HPI
2008 15 SEP	£143,000	£189,327	24% below HPI
2001 11 MAY	£53,000	£78,893	33% below HPI

38 MOLINNIS ROAD 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 three 38 MOLINNIS ROAD sales between May 2001 and May 2012 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 September 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 38 MOLINNIS ROAD be worth now?

38 MOLINNIS ROAD might now be worth an estimated £210,800.

This is based on house price inflation of 53.9%, between May 2012 and May 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 53.9% inflationary increase is applied to the most recent sale price for 38 MOLINNIS ROAD of £137,000 on 11th May 2012. For the value to have increased from £137,000 to £210,800 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 38 MOLINNIS ROAD has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The May 2012 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MOLINNIS ROAD has not materially changed since May 2012.

How Large is 38 MOLINNIS ROAD?

38 MOLINNIS ROAD is 99m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of semi-detached houses houses in Bugle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bugle, and where 38 MOLINNIS ROAD lies on this distribution: 42% of semi-detached houses houses are smaller than 38 MOLINNIS ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Bugle.

38 MOLINNIS ROAD: Plot and Title Map

38 MOLINNIS ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 38 MOLINNIS 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 38 MOLINNIS 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 38 MOLINNIS ROAD?

38 MOLINNIS ROAD is located in BUGLE, in the PL26 postcode district. The below map shows the position of No. 38 on MOLINNIS ROAD.