THE COACHING HOUSE, FIVE LANES, LAUNCESTON, PL15 7RX - £245,000

THE COACHING HOUSE is a very large extended detached house of 136m², built sometime before 1900. It was last sold for £245,000 in November 2018, which was around 28% below the average November 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was C.

THE COACHING HOUSE Sold Prices

Land registry data shows two sales for THE COACHING HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the two THE COACHING HOUSE sales was for below the average price, whilst the other was roughly equal to 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 20 NOV	£245,000	£339,199	28% below HPI
2001 18 MAY	£127,000	£126,825	Close to HPI

THE COACHING HOUSE 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 two THE COACHING HOUSE sales from May 2001 and November 2018 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 May 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is THE COACHING HOUSE?

THE COACHING HOUSE is 136m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses in Fivelanes, based on EPC data. The below chart shows the distribution of detached houses by size in Fivelanes, and where THE COACHING HOUSE lies on this distribution: 97% of detached houses are smaller than THE COACHING HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Fivelanes.

THE COACHING HOUSE: Plot and Title Map

THE COACHING HOUSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of THE COACHING HOUSE, 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 THE COACHING HOUSE). 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 THE COACHING HOUSE?

THE COACHING HOUSE is located in FIVE LANES, in the PL15 postcode district. The below map shows the position of THE COACHING HOUSE in FIVE LANES.