1, KESTLE CLOSE, LAUNCESTON, PL15 7GA - £325,000

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 KESTLE CLOSE is a small detached house of 94m², built in 2019, which could now be worth an estimated £327,524. It was last sold for £325,000 in February 2024, which was around 25% below the average February 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

1 KESTLE CLOSE Sold Prices

Land registry data shows two sales for 1 KESTLE CLOSE 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 KESTLE CLOSE 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
2024 13 FEB	£325,000	£433,861	25% below HPI
2022 29 APR	£339,995	£433,864	22% below HPI

1 KESTLE CLOSE 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 KESTLE CLOSE sales from April 2022 and February 2024 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 April 2022 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 KESTLE CLOSE be worth now?

1 KESTLE CLOSE might now be worth an estimated £327,524.

This is based on house price inflation of 0.8%, between February 2024 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 0.8% inflationary increase is applied to the most recent sale price for 1 KESTLE CLOSE of £325,000 on 13th February 2024. For the value to have increased from £325,000 to £327,524 over the one year to February 2025, the following assumptions must hold true:

• The value of 1 KESTLE CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 KESTLE CLOSE has not materially changed since February 2024.

How Large is 1 KESTLE CLOSE?

1 KESTLE CLOSE is 94m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% 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 KESTLE CLOSE lies on this distribution: 24% of detached houses houses are smaller than 1 KESTLE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Launceston.

1 KESTLE CLOSE: Plot and Title Map

1 KESTLE CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 1 KESTLE CLOSE, 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 KESTLE CLOSE). 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 KESTLE CLOSE?

1 KESTLE CLOSE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 1 on KESTLE CLOSE.