1, GREEN RIDGES, WINDMILL HILL, LAUNCESTON, PL15 9TF - £240,000

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 GREEN RIDGES is a very large extended detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £691,899. It was last sold for £240,000 in March 2002, which was around 58% above the average March 2002 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

1 GREEN RIDGES Sold Prices

Land registry data shows two sales for 1 GREEN RIDGES 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. Both of the two 1 GREEN RIDGES sales were for above 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
2002 28 MAR	£240,000	£151,663	58% above HPI
1999 1 OCT	£175,000	£101,896	72% above HPI

1 GREEN RIDGES 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 1 GREEN RIDGES sales from October 1999 and March 2002 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 October 1999 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the March 2002 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 1 GREEN RIDGES be worth now?

1 GREEN RIDGES might now be worth an estimated £691,899.

This is based on house price inflation of 188.3%, between March 2002 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 188.3% inflationary increase is applied to the most recent sale price for 1 GREEN RIDGES of £240,000 on 28th March 2002. For the value to have increased from £240,000 to £691,899 over the 23 years and one month to February 2025, the following assumptions must hold true:

• The value of 1 GREEN RIDGES has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2002 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREEN RIDGES has not materially changed since March 2002.

How Large is 1 GREEN RIDGES?

1 GREEN RIDGES is 163m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 20% of detached houses houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Launceston, and where 1 GREEN RIDGES lies on this distribution: 81% of detached houses houses are smaller than 1 GREEN RIDGES, and 19% of houses are larger. Note that EPC data is not available for all properties in Launceston.

1 GREEN RIDGES: Plot and Title Map

1 GREEN RIDGES sits on a plot of roughly 0.350 of an acre, or 1,418m². The below map shows the location of 1 GREEN RIDGES, 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 GREEN RIDGES). 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 GREEN RIDGES?

1 GREEN RIDGES is located on WINDMILL HILL in LAUNCESTON, in the PL15 postcode district. The below map shows the position of 1 GREEN RIDGES on WINDMILL HILL.