1, STATION ROAD, LAUNCESTON, PL15 8EG - £130,000

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 STATION ROAD is a very small extended detached house of 85m², built sometime before 1900. It was last sold for £130,000 in October 2020, which was around 65% below the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

1 STATION ROAD Sold Prices

Land registry data shows two sales for 1 STATION ROAD 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 STATION ROAD 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
2020 26 OCT	£130,000	£370,347	65% below HPI
2017 24 AUG	£118,000	£321,698	63% below HPI

1 STATION ROAD 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 STATION ROAD sales from August 2017 and October 2020 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 August 2017 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the October 2020 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 1 STATION ROAD?

1 STATION ROAD is 85m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 STATION ROAD lies on this distribution: 15% of detached houses are smaller than 1 STATION ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Launceston.

1 STATION ROAD: Plot and Title Map

1 STATION ROAD sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 1 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

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