17, UPPER CHAPEL, LAUNCESTON, PL15 7DW - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 UPPER CHAPEL is a small detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £380,550. It was last sold for £240,000 in September 2006, which was around 14% below the average September 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

17 UPPER CHAPEL Sold Prices

Land registry data shows two sales for 17 UPPER CHAPEL 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 UPPER CHAPEL 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
2006 18 SEP	£240,000	£280,018	14% below HPI
1999 17 SEP	£93,000	£100,296	7% below HPI

17 UPPER CHAPEL 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 UPPER CHAPEL sales from September 1999 and September 2006 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 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2006 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 17 UPPER CHAPEL be worth now?

17 UPPER CHAPEL might now be worth an estimated £380,550.

This is based on house price inflation of 58.6%, between September 2006 and December 2024, 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 58.6% inflationary increase is applied to the most recent sale price for 17 UPPER CHAPEL of £240,000 on 18th September 2006. For the value to have increased from £240,000 to £380,550 over the seventeen years and nine months to December 2024, the following assumptions must hold true:

• The value of 17 UPPER CHAPEL has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2006 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 17 UPPER CHAPEL has not materially changed since September 2006.

How Large is 17 UPPER CHAPEL?

17 UPPER CHAPEL is 102m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 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 17 UPPER CHAPEL lies on this distribution: 33% of detached houses houses are smaller than 17 UPPER CHAPEL, and 67% of houses are larger. Note that EPC data is not available for all properties in Launceston.

17 UPPER CHAPEL: Plot and Title Map

17 UPPER CHAPEL sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 17 UPPER CHAPEL, 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 UPPER CHAPEL). 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 UPPER CHAPEL?

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