88, WALLACE ROAD, BODMIN, PL31 2EX - £76,000

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.

88 WALLACE ROAD is a midsized flat of 50m², built sometime between 1976 and 1982, which could now be worth an estimated £85,071. It was last sold for £76,000 in July 2018, which was around 42% below the average July 2018 flat price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

88 WALLACE ROAD Sold Prices

Land registry data shows two sales for 88 WALLACE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Cornwall local authority area for the corresponding sale date. Both of the two 88 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
2018 6 JUL	£76,000	£131,383	42% below HPI
2016 27 MAY	£68,000	£123,177	45% below HPI

What might 88 WALLACE ROAD be worth now?

88 WALLACE ROAD might now be worth an estimated £85,071.

This is based on house price inflation of 11.9%, between July 2018 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 11.9% inflationary increase is applied to the most recent sale price for 88 WALLACE ROAD of £76,000 on 6th July 2018. For the value to have increased from £76,000 to £85,071 over the eight years and two months to May 2026, the following assumptions must hold true:

• The value of 88 WALLACE ROAD has moved in line with the HPI for flats in the Cornwall local authority area.
• The July 2018 sale price of £76,000 represented a fair market value for the property.
• The size, condition, and specification of 88 WALLACE ROAD has not materially changed since July 2018.

How Large is 88 WALLACE ROAD?

88 WALLACE ROAD is 50m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of flats in Bodmin, based on EPC data. 41% of flats are smaller than 88 WALLACE ROAD, and 58% of flats are larger. Note that EPC data is not available for all properties in Bodmin.

88 WALLACE ROAD: Plot

88 WALLACE ROAD sits on a plot of roughly 16.0 acres, or 64,654m².

Where is 88 WALLACE ROAD?

88 WALLACE ROAD is located in BODMIN, in the PL31 postcode district.