12, PENWORTH CLOSE, LAUNCESTON, PL15 9TG - £300,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

12 PENWORTH CLOSE is a large detached house of 136m², built sometime between 2003 and 2006. It was last sold for £300,000 in March 2024, which was around 30% below the average March 2024 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 B.

12 PENWORTH CLOSE Sold Prices

Land registry data shows three sales for 12 PENWORTH CLOSE 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. All of the three 12 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 19 MAR	£300,000	£430,604	30% below HPI
2007 18 JUN	£239,950	£286,937	16% below HPI
2003 6 JUN	£160,000	£210,608	24% below HPI

12 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 three 12 PENWORTH CLOSE sales between June 2003 and March 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 June 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12 PENWORTH CLOSE?

12 PENWORTH CLOSE is 136m² according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 12 PENWORTH CLOSE lies on this distribution: 67% of detached houses are smaller than 12 PENWORTH CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Launceston.

12 PENWORTH CLOSE: Plot and Title Map

12 PENWORTH CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 12 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 12 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 12 PENWORTH CLOSE?

12 PENWORTH CLOSE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 12 on PENWORTH CLOSE.