10, PENWORTH CLOSE, LAUNCESTON, PL15 9TG - £405,000

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

10 PENWORTH CLOSE is a large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £405,000 in February 2024, which was around 6% below the average February 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

10 PENWORTH CLOSE Sold Prices

Land registry data shows two sales for 10 PENWORTH 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 10 PENWORTH 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 8 FEB	£405,000	£428,871	6% below HPI
2019 29 AUG	£335,000	£339,686	1% below HPI

10 PENWORTH 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 10 PENWORTH CLOSE sales from August 2019 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 August 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 10 PENWORTH CLOSE?

10 PENWORTH CLOSE is 142m² according to the EPC inspection conducted in June 2018. This puts it in the largest 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 10 PENWORTH CLOSE lies on this distribution: 70% of detached houses are smaller than 10 PENWORTH CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Launceston.

10 PENWORTH CLOSE: Plot and Title Map

10 PENWORTH CLOSE sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 10 PENWORTH 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 10 PENWORTH 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 10 PENWORTH CLOSE?

10 PENWORTH CLOSE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 10 on PENWORTH CLOSE.