17, CHURCH LEA, LAUNCESTON, PL15 8QZ - £265,000

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 CHURCH LEA is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £265,000 in May 2015, which was around 10% below the average May 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

17 CHURCH LEA Sold Prices

Land registry data shows three sales for 17 CHURCH LEA 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 17 CHURCH LEA sales were a mix of below the average price, roughly equal to the average price, and 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
2015 29 MAY	£265,000	£295,858	10% below HPI
2002 18 SEP	£174,950	£175,013	Close to HPI
1995 30 NOV	£93,950	£71,243	32% above HPI

17 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 three 17 CHURCH LEA sales between November 1995 and May 2015 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 September 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 17 CHURCH LEA?

17 CHURCH LEA is 118m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 17 CHURCH LEA lies on this distribution: 51% of detached houses are smaller than 17 CHURCH LEA, and 47% of houses are larger. Note that EPC data is not available for all properties in Launceston.

17 CHURCH LEA: Plot and Title Map

17 CHURCH LEA sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 17 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 17 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 17 CHURCH LEA?

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