4, PENNINGTON CLOSE, BODMIN, PL31 2GN - £108,500

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.

4 PENNINGTON CLOSE is a large flat of 63m², built in 2014, which could now be worth an estimated £100,427. It was last sold for £108,500 in June 2024, which was around 32% below the average June 2024 flat price in the Cornwall local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was A.

4 PENNINGTON CLOSE Sold Prices

Land registry data shows four sales for 4 PENNINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Cornwall local authority area for the corresponding sale date. All of the four 4 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
2024 28 JUN	£108,500	£158,887	32% below HPI
2020 20 MAR	£82,250	£132,860	38% below HPI
2018 14 JUN	£88,317	£130,418	32% below HPI
2014 24 OCT	£87,500	£118,190	26% below HPI

What might 4 PENNINGTON CLOSE be worth now?

4 PENNINGTON CLOSE might now be worth an estimated £100,427.

This is based on house price deflation of 7.4%, between June 2024 and May 2026, for flats, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.4% deflationary decrease is applied to the most recent sale price for 4 PENNINGTON CLOSE of £108,500 on 28th June 2024. For the value to have decreased from £108,500 to £100,427 over the two years and one month to May 2026, the following assumptions must hold true:

• The value of 4 PENNINGTON CLOSE has moved in line with the HPI for flats in the Cornwall local authority area.
• The June 2024 sale price of £108,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PENNINGTON CLOSE has not materially changed since June 2024.

How Large is 4 PENNINGTON CLOSE?

4 PENNINGTON CLOSE is 63m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of flats in Bodmin, based on EPC data. 68% of flats are smaller than 4 PENNINGTON CLOSE, and 30% of flats are larger. Note that EPC data is not available for all properties in Bodmin.

4 PENNINGTON CLOSE: Plot

4 PENNINGTON CLOSE sits on a plot of roughly 0.021 of an acre, or 84m².

Where is 4 PENNINGTON CLOSE?

4 PENNINGTON CLOSE is located in BODMIN, in the PL31 postcode district.