1, LITTLE WOBURN CLOSE, LAUNCESTON, PL15 9JB - £246,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 LITTLE WOBURN CLOSE is a midsized detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £367,053. It was last sold for £246,500 in March 2015, which was around 16% below the average March 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

1 LITTLE WOBURN CLOSE Sold Prices

Land registry data shows two sales for 1 LITTLE WOBURN 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. One of the two 1 LITTLE WOBURN CLOSE sales was for below the average price, whilst the other was 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
2015 20 MAR	£246,500	£293,629	16% below HPI
2000 17 APR	£122,000	£109,878	11% above HPI

1 LITTLE WOBURN 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 LITTLE WOBURN CLOSE sales from April 2000 and March 2015 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 2000 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1 LITTLE WOBURN CLOSE be worth now?

1 LITTLE WOBURN CLOSE might now be worth an estimated £367,053.

This is based on house price inflation of 48.9%, between March 2015 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 48.9% inflationary increase is applied to the most recent sale price for 1 LITTLE WOBURN CLOSE of £246,500 on 20th March 2015. For the value to have increased from £246,500 to £367,053 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 1 LITTLE WOBURN CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2015 sale price of £246,500 represented a fair market value for the property.
• The size, condition, and specification of 1 LITTLE WOBURN CLOSE has not materially changed since March 2015.

How Large is 1 LITTLE WOBURN CLOSE?

1 LITTLE WOBURN CLOSE is 117m² according to the EPC inspection conducted in February 2014. This puts it in the largest 50% 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 LITTLE WOBURN CLOSE lies on this distribution: 48% of detached houses houses are smaller than 1 LITTLE WOBURN CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Launceston.

1 LITTLE WOBURN CLOSE: Plot and Title Map

1 LITTLE WOBURN CLOSE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 1 LITTLE WOBURN 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 LITTLE WOBURN 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 LITTLE WOBURN CLOSE?

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