53, WALLACE ROAD, BODMIN, PL31 2EX - £105,000

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.

53 WALLACE ROAD is a very small terraced house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £130,612. It was last sold for £105,000 in December 2019, which was around 43% below the average December 2019 terraced price in the Cornwall local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

53 WALLACE ROAD Sold Prices

Land registry data shows five sales for 53 WALLACE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the five 53 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
2019 17 DEC	£105,000	£184,146	43% below HPI
2013 21 JUN	£100,000	£152,182	34% below HPI
2002 15 FEB	£54,000	£72,304	25% below HPI
2001 10 AUG	£46,000	£65,212	29% below HPI
2000 28 SEP	£39,000	£59,069	34% below HPI

53 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 five 53 WALLACE ROAD sales between September 2000 and December 2019 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 June 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 53 WALLACE ROAD be worth now?

53 WALLACE ROAD might now be worth an estimated £130,612.

This is based on house price inflation of 24.4%, between December 2019 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 24.4% inflationary increase is applied to the most recent sale price for 53 WALLACE ROAD of £105,000 on 17th December 2019. For the value to have increased from £105,000 to £130,612 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 53 WALLACE ROAD has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The December 2019 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 53 WALLACE ROAD has not materially changed since December 2019.

How Large is 53 WALLACE ROAD?

53 WALLACE ROAD is 85m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% 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 53 WALLACE ROAD lies on this distribution: 20% of terraced houses houses are smaller than 53 WALLACE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

53 WALLACE ROAD: Plot and Title Map

53 WALLACE ROAD sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 53 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 53 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 53 WALLACE ROAD?

53 WALLACE ROAD is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 53 on WALLACE ROAD.