14, MAYNE CLOSE, LAUNCESTON, PL15 8XQ - £227,500

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.

14 MAYNE CLOSE is a very small detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £352,231. It was last sold for £227,500 in June 2012, which was around 19% below the average June 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

14 MAYNE CLOSE Sold Prices

Land registry data shows three sales for 14 MAYNE 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. The three 14 MAYNE CLOSE sales were a mix of below the average price, and roughly equal to 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
2012 14 JUN	£227,500	£282,400	19% below HPI
2004 12 MAR	£207,000	£234,856	12% below HPI
2001 26 OCT	£142,000	£141,977	Close to HPI

14 MAYNE 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 14 MAYNE CLOSE sales between October 2001 and June 2012 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 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 14 MAYNE CLOSE be worth now?

14 MAYNE CLOSE might now be worth an estimated £352,231.

This is based on house price inflation of 54.8%, between June 2012 and February 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 54.8% inflationary increase is applied to the most recent sale price for 14 MAYNE CLOSE of £227,500 on 14th June 2012. For the value to have increased from £227,500 to £352,231 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 14 MAYNE CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2012 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 14 MAYNE CLOSE has not materially changed since June 2012.

How Large is 14 MAYNE CLOSE?

14 MAYNE CLOSE is 86m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 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 MAYNE CLOSE lies on this distribution: 16% of detached houses houses are smaller than 14 MAYNE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Launceston.

14 MAYNE CLOSE: Plot and Title Map

14 MAYNE CLOSE sits on a plot of roughly 0.206 of an acre, or 833m². The below map shows the location of 14 MAYNE 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 14 MAYNE 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 14 MAYNE CLOSE?

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