17, CHESTNUT DRIVE, LAUNCESTON, PL15 9GN - £328,000

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

17 CHESTNUT DRIVE is a midsized detached house of 117m². It was last sold for £328,000 in May 2023, which was around 25% below the average May 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

17 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 17 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 17 CHESTNUT DRIVE sales were for below 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
2023 31 MAY	£328,000	£439,960	25% below HPI
2018 30 AUG	£275,950	£331,892	17% below HPI

17 CHESTNUT DRIVE 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 two 17 CHESTNUT DRIVE sales from August 2018 and May 2023 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 August 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 17 CHESTNUT DRIVE?

17 CHESTNUT DRIVE is 117m² according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Withnoe, based on EPC data. The below chart shows the distribution of detached houses by size in Withnoe, and where 17 CHESTNUT DRIVE lies on this distribution: 53% of detached houses are smaller than 17 CHESTNUT DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Withnoe.

17 CHESTNUT DRIVE: Plot and Title Map

17 CHESTNUT DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 17 CHESTNUT DRIVE, 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 17 CHESTNUT DRIVE). 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 17 CHESTNUT DRIVE?

17 CHESTNUT DRIVE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 17 on CHESTNUT DRIVE.