15, CHURCH LEA, LAUNCESTON, PL15 8QZ - £246,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 CHURCH LEA is a large detached house of 129m², built sometime between 1983 and 1990. It was last sold for £246,500 in June 2012, which was around 11% below the average June 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

15 CHURCH LEA Sold Prices

Land registry data shows four sales for 15 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 15 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
2012 1 JUN	£246,500	£278,020	11% below HPI
1999 19 FEB	£99,000	£92,086	8% above HPI
1997 30 OCT	£97,000	£85,085	14% above HPI
1995 29 SEP	£91,950	£70,014	31% above HPI

15 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 15 CHURCH LEA sales between September 1995 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 February 1999 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 15 CHURCH LEA?

15 CHURCH LEA is 129m² according to the EPC inspection conducted in March 2012. 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 15 CHURCH LEA lies on this distribution: 62% of detached houses are smaller than 15 CHURCH LEA, and 37% of houses are larger. Note that EPC data is not available for all properties in Launceston.

15 CHURCH LEA: Plot and Title Map

15 CHURCH LEA sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 15 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 15 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 15 CHURCH LEA?

15 CHURCH LEA is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 15 on CHURCH LEA.