18, HAYE COMMON DRIVE, LAUNCESTON, PL15 9FD - £173,500

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.

18 HAYE COMMON DRIVE is a very small detached house of 76m², which could now be worth an estimated £227,433. It was last sold for £173,500 in April 2019, which was around 48% below the average April 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was C.

18 HAYE COMMON DRIVE Sold Prices

Land registry data shows three sales for 18 HAYE COMMON DRIVE 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. All of the three 18 HAYE COMMON 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
2019 23 APR	£173,500	£336,541	48% below HPI
2018 31 MAY	£180,000	£331,874	46% below HPI
2013 27 SEP	£175,000	£282,832	38% below HPI

18 HAYE COMMON 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 three 18 HAYE COMMON DRIVE sales between September 2013 and April 2019 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 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 18 HAYE COMMON DRIVE be worth now?

18 HAYE COMMON DRIVE might now be worth an estimated £227,433.

This is based on house price inflation of 31.1%, between April 2019 and March 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 31.1% inflationary increase is applied to the most recent sale price for 18 HAYE COMMON DRIVE of £173,500 on 23rd April 2019. For the value to have increased from £173,500 to £227,433 over the six years and one month to March 2025, the following assumptions must hold true:

• The value of 18 HAYE COMMON DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2019 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 18 HAYE COMMON DRIVE has not materially changed since April 2019.

How Large is 18 HAYE COMMON DRIVE?

18 HAYE COMMON DRIVE is 76m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% 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 18 HAYE COMMON DRIVE lies on this distribution: 7% of detached houses houses are smaller than 18 HAYE COMMON DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Launceston.

18 HAYE COMMON DRIVE: Plot and Title Map

18 HAYE COMMON DRIVE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 18 HAYE COMMON 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 18 HAYE COMMON 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 18 HAYE COMMON DRIVE?

18 HAYE COMMON DRIVE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 18 on HAYE COMMON DRIVE.