14, CHURCH LEA, LAUNCESTON, PL15 8QZ - £353,500

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

14 CHURCH LEA is a very large detached house of 178m², built sometime between 1991 and 1995, which could now be worth an estimated £472,936. It was last sold for £353,500 in May 2018, which was around 7% above the average May 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

14 CHURCH LEA Sold Prices

Land registry data shows four sales for 14 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. Most of the four 14 CHURCH LEA sales 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
2018 21 MAY	£353,500	£331,874	7% above HPI
2009 6 MAR	£247,000	£257,809	4% below HPI
2004 6 APR	£267,500	£237,096	13% above HPI
1995 28 SEP	£94,950	£71,117	34% above HPI

14 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 14 CHURCH LEA sales between September 1995 and May 2018 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 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 14 CHURCH LEA be worth now?

14 CHURCH LEA might now be worth an estimated £472,936.

This is based on house price inflation of 33.8%, between May 2018 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 33.8% inflationary increase is applied to the most recent sale price for 14 CHURCH LEA of £353,500 on 21st May 2018. For the value to have increased from £353,500 to £472,936 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 14 CHURCH LEA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2018 sale price of £353,500 represented a fair market value for the property.
• The size, condition, and specification of 14 CHURCH LEA has not materially changed since May 2018.

How Large is 14 CHURCH LEA?

14 CHURCH LEA is 178m² according to the EPC inspection conducted in March 2017. This puts it in the largest 20% 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 14 CHURCH LEA lies on this distribution: 86% of detached houses houses are smaller than 14 CHURCH LEA, and 14% of houses are larger. Note that EPC data is not available for all properties in Launceston.

14 CHURCH LEA: Plot and Title Map

14 CHURCH LEA sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 14 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 14 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 14 CHURCH LEA?

14 CHURCH LEA is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 14 on CHURCH LEA.