11, CHURCH LEA, LAUNCESTON, PL15 8QZ - £230,000

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

11 CHURCH LEA is a large extended detached house of 129m², built sometime between 1991 and 1995, which could now be worth an estimated £398,249. It was last sold for £230,000 in April 2009, which was around 10% below the average April 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

11 CHURCH LEA Sold Prices

Land registry data shows three sales for 11 CHURCH LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the three 11 CHURCH LEA sales was for below the average price, whilst two were for above 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
2009 29 APR	£230,000	£256,424	10% below HPI
1997 17 OCT	£108,000	£86,426	25% above HPI
1995 29 SEP	£92,950	£71,117	31% above HPI

11 CHURCH LEA 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 three 11 CHURCH LEA sales between September 1995 and April 2009 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 1997 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2009 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 11 CHURCH LEA be worth now?

11 CHURCH LEA might now be worth an estimated £398,249.

This is based on house price inflation of 73.2%, between April 2009 and December 2024, 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 73.2% inflationary increase is applied to the most recent sale price for 11 CHURCH LEA of £230,000 on 29th April 2009. For the value to have increased from £230,000 to £398,249 over the fourteen years and four months to December 2024, the following assumptions must hold true:

• The value of 11 CHURCH LEA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2009 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 11 CHURCH LEA has not materially changed since April 2009.

How Large is 11 CHURCH LEA?

11 CHURCH LEA is 129m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Launceston, and where 11 CHURCH LEA lies on this distribution: 61% of detached houses houses are smaller than 11 CHURCH LEA, and 38% of houses are larger. Note that EPC data is not available for all properties in Launceston.

11 CHURCH LEA: Plot and Title Map

11 CHURCH LEA sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 11 CHURCH LEA, 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 CHURCH LEA). 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 CHURCH LEA?

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