16, CHURCH LEA, LAUNCESTON, PL15 8QZ - £297,475

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.

16 CHURCH LEA is a large extended detached house of 137m², built sometime between 1991 and 1995, which could now be worth an estimated £460,759. It was last sold for £297,475 in June 2010, which was around 5% above the average June 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

16 CHURCH LEA Sold Prices

Land registry data shows four sales for 16 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 16 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
2010 22 JUN	£297,475	£282,285	5% above HPI
2005 31 MAY	£291,000	£261,384	11% above HPI
2002 16 DEC	£188,000	£196,125	4% below HPI
1995 18 DEC	£89,950	£71,995	25% above HPI

16 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 16 CHURCH LEA sales between December 1995 and June 2010 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 May 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2010 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 16 CHURCH LEA be worth now?

16 CHURCH LEA might now be worth an estimated £460,759.

This is based on house price inflation of 54.9%, between June 2010 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 54.9% inflationary increase is applied to the most recent sale price for 16 CHURCH LEA of £297,475 on 22nd June 2010. For the value to have increased from £297,475 to £460,759 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of 16 CHURCH LEA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2010 sale price of £297,475 represented a fair market value for the property.
• The size, condition, and specification of 16 CHURCH LEA has not materially changed since June 2010.

How Large is 16 CHURCH LEA?

16 CHURCH LEA is 137m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 40% 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 16 CHURCH LEA lies on this distribution: 68% of detached houses houses are smaller than 16 CHURCH LEA, and 32% of houses are larger. Note that EPC data is not available for all properties in Launceston.

16 CHURCH LEA: Plot and Title Map

16 CHURCH LEA sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 16 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 16 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 16 CHURCH LEA?

16 CHURCH LEA is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 16 on CHURCH LEA.