11, BROAD PARK, LAUNCESTON, PL15 8DS - £150,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 BROAD PARK is a very small extended detached house of 57m², built sometime between 1950 and 1966. It was last sold for £150,000 in December 2018, which was around 55% below the average December 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was E.

11 BROAD PARK Sold Prices

Land registry data shows two sales for 11 BROAD PARK 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 11 BROAD PARK 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
2018 14 DEC	£150,000	£335,595	55% below HPI
2003 18 JUL	£127,300	£214,306	41% below HPI

11 BROAD PARK 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 11 BROAD PARK sales from July 2003 and December 2018 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 July 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2018 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 11 BROAD PARK?

11 BROAD PARK is 57m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 11 BROAD PARK lies on this distribution: 1% of detached houses are smaller than 11 BROAD PARK, and 99% of houses are larger. Note that EPC data is not available for all properties in Launceston.

11 BROAD PARK: Plot and Title Map

11 BROAD PARK sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 11 BROAD PARK, 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 11 BROAD PARK). 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 11 BROAD PARK?

11 BROAD PARK is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 11 on BROAD PARK.