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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GREEN RIDGES is a very large extended detached house of 163m², built sometime between 1996 and 2002. It was last sold for £240,000 in March 2002, which was around 61% 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	£149,311	61% above HPI
1999 1 OCT	£175,000	£100,316	74% 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 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the March 2002 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

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 in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 1 GREEN RIDGES lies on this distribution: 81% of detached 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.