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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 KESTLE CLOSE is a small detached house of 94m², built in 2019. It was last sold for £325,000 in February 2024, which was around 24% 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	£428,871	24% below HPI
2022 29 APR	£339,995	£427,134	20% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

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 in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 1 KESTLE CLOSE lies on this distribution: 24% of detached houses are smaller than 1 KESTLE CLOSE, and 72% 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.