1, OAK TREE CLOSE, PETHERWIN GATE, LAUNCESTON, PL15 8FH - £240,000

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 OAK TREE CLOSE is a midsized detached house of 105m². It was last sold for £240,000 in September 2019, which was around 31% below the average September 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

1 OAK TREE CLOSE Sold Prices

Land registry data shows two sales for 1 OAK TREE 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 OAK TREE 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
2019 19 SEP	£240,000	£349,063	31% below HPI
2016 3 OCT	£245,000	£309,703	21% below HPI

1 OAK TREE 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 OAK TREE CLOSE sales from October 2016 and September 2019 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 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 OAK TREE CLOSE?

1 OAK TREE CLOSE is 105m² according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses in North Petherwin, based on EPC data. The below chart shows the distribution of detached houses by size in North Petherwin, and where 1 OAK TREE CLOSE lies on this distribution: 57% of detached houses are smaller than 1 OAK TREE CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in North Petherwin.

1 OAK TREE CLOSE: Plot and Title Map

1 OAK TREE CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 1 OAK TREE 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 OAK TREE 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 OAK TREE CLOSE?

1 OAK TREE CLOSE is located in PETHERWIN GATE, in the PL15 postcode district. The below map shows the position of No. 1 on OAK TREE CLOSE.