11, MOUNT WISE, LAUNCESTON, PL15 9AT - £250,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

11 MOUNT WISE is a small detached house of 92m², built sometime between 1930 and 1949. It was last sold for £250,000 in July 2024, which was around 42% below the average July 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

11 MOUNT WISE Sold Prices

Land registry data shows two sales for 11 MOUNT WISE 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 MOUNT WISE 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 22 JUL	£250,000	£429,760	42% below HPI
2022 9 MAR	£270,000	£423,857	36% below HPI

11 MOUNT WISE 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 MOUNT WISE sales from March 2022 and July 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 March 2022 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 11 MOUNT WISE?

11 MOUNT WISE is 92m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 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 11 MOUNT WISE lies on this distribution: 21% of detached houses are smaller than 11 MOUNT WISE, and 78% of houses are larger. Note that EPC data is not available for all properties in Launceston.

11 MOUNT WISE: Plot and Title Map

11 MOUNT WISE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 11 MOUNT WISE, 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 MOUNT WISE). 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 MOUNT WISE?

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