11, CHESTNUT DRIVE, LAUNCESTON, PL15 9GN - £312,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 CHESTNUT DRIVE is a large detached house of 123m², which could now be worth an estimated £316,457. It was last sold for £312,500 in May 2024, which was around 28% below the average May 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

11 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 11 CHESTNUT DRIVE 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 CHESTNUT DRIVE 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 30 MAY	£312,500	£431,764	28% below HPI
2018 30 MAY	£265,950	£331,874	20% below HPI

11 CHESTNUT DRIVE 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 CHESTNUT DRIVE sales from May 2018 and May 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 May 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 CHESTNUT DRIVE be worth now?

11 CHESTNUT DRIVE might now be worth an estimated £316,457.

This is based on house price inflation of 1.3%, between May 2024 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 1.3% inflationary increase is applied to the most recent sale price for 11 CHESTNUT DRIVE of £312,500 on 30th May 2024. For the value to have increased from £312,500 to £316,457 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 11 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2024 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 11 CHESTNUT DRIVE has not materially changed since May 2024.

How Large is 11 CHESTNUT DRIVE?

11 CHESTNUT DRIVE is 123m² according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses houses in Withnoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Withnoe, and where 11 CHESTNUT DRIVE lies on this distribution: 67% of detached houses houses are smaller than 11 CHESTNUT DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Withnoe.

11 CHESTNUT DRIVE: Plot and Title Map

11 CHESTNUT DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 11 CHESTNUT DRIVE, 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 CHESTNUT DRIVE). 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 CHESTNUT DRIVE?

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