13, CHURCH LEA, LAUNCESTON, PL15 8QZ - £371,000

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.

13 CHURCH LEA is a large extended detached house of 148m², built sometime between 1991 and 1995, which could now be worth an estimated £433,713. It was last sold for £371,000 in November 2020, which was around 2% below the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

13 CHURCH LEA Sold Prices

Land registry data shows four sales for 13 CHURCH LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. two of the four 13 CHURCH LEA sales were for below the average price, and four 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
2020 11 NOV	£371,000	£377,366	2% below HPI
2019 7 FEB	£330,000	£340,052	3% below HPI
1999 12 MAR	£118,000	£95,039	24% above HPI
1995 7 JUL	£92,950	£71,277	30% above HPI

13 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 four 13 CHURCH LEA sales between July 1995 and November 2020 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 February 2019 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 13 CHURCH LEA be worth now?

13 CHURCH LEA might now be worth an estimated £433,713.

This is based on house price inflation of 16.9%, between November 2020 and March 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 16.9% inflationary increase is applied to the most recent sale price for 13 CHURCH LEA of £371,000 on 11th November 2020. For the value to have increased from £371,000 to £433,713 over the five years and eight months to March 2025, the following assumptions must hold true:

• The value of 13 CHURCH LEA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2020 sale price of £371,000 represented a fair market value for the property.
• The size, condition, and specification of 13 CHURCH LEA has not materially changed since November 2020.

How Large is 13 CHURCH LEA?

13 CHURCH LEA is 148m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% 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 13 CHURCH LEA lies on this distribution: 74% of detached houses houses are smaller than 13 CHURCH LEA, and 26% of houses are larger. Note that EPC data is not available for all properties in Launceston.

13 CHURCH LEA: Plot and Title Map

13 CHURCH LEA sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 13 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 13 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 13 CHURCH LEA?

13 CHURCH LEA is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 13 on CHURCH LEA.