1, GEORGES PADDOCK, NORTH HILL, LAUNCESTON, PL15 7PQ - £360,000

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.

1 GEORGES PADDOCK is a large extended detached house of 156m², built sometime between 1930 and 1949, which could now be worth an estimated £481,449. It was last sold for £360,000 in September 2017, which was around 10% above the average September 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

1 GEORGES PADDOCK Sold Prices

Land registry data shows three sales for 1 GEORGES PADDOCK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 1 GEORGES PADDOCK sales were for above the average price, whilst one was 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
2017 1 SEP	£360,000	£326,936	10% above HPI
2003 29 SEP	£205,000	£221,521	7% below HPI
1996 21 MAR	£83,500	£70,998	18% above HPI

1 GEORGES PADDOCK 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 three 1 GEORGES PADDOCK sales between March 1996 and September 2017 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 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 1 GEORGES PADDOCK be worth now?

1 GEORGES PADDOCK might now be worth an estimated £481,449.

This is based on house price inflation of 33.7%, between September 2017 and February 2025, for 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 33.7% inflationary increase is applied to the most recent sale price for 1 GEORGES PADDOCK of £360,000 on 1st September 2017. For the value to have increased from £360,000 to £481,449 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 GEORGES PADDOCK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2017 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GEORGES PADDOCK has not materially changed since September 2017.

How Large is 1 GEORGES PADDOCK?

1 GEORGES PADDOCK is 156m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 30% of detached houses houses in North Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hill, and where 1 GEORGES PADDOCK lies on this distribution: 71% of detached houses houses are smaller than 1 GEORGES PADDOCK, and 29% of houses are larger. Note that EPC data is not available for all properties in North Hill.

1 GEORGES PADDOCK: Plot and Title Map

1 GEORGES PADDOCK sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 1 GEORGES PADDOCK, 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 1 GEORGES PADDOCK). 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 1 GEORGES PADDOCK?

1 GEORGES PADDOCK is located in NORTH HILL, in the PL15 postcode district. The below map shows the position of 1 GEORGES PADDOCK in NORTH HILL.