18, HENDRA VALE, LAUNCESTON, PL15 7HE - £115,000

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

18 HENDRA VALE is a midsized extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £186,303. It was last sold for £115,000 in January 2012, which was around 58% below the average January 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

18 HENDRA VALE Sold Prices

Land registry data shows two sales for 18 HENDRA VALE 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 18 HENDRA VALE 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
2012 5 JAN	£115,000	£274,072	58% below HPI
1998 26 JUN	£86,000	£89,781	4% below HPI

18 HENDRA VALE 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 18 HENDRA VALE sales from June 1998 and January 2012 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 June 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2012 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 18 HENDRA VALE be worth now?

18 HENDRA VALE might now be worth an estimated £186,303.

This is based on house price inflation of 62%, between January 2012 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 62% inflationary increase is applied to the most recent sale price for 18 HENDRA VALE of £115,000 on 5th January 2012. For the value to have increased from £115,000 to £186,303 over the eleven years and one month to December 2024, the following assumptions must hold true:

• The value of 18 HENDRA VALE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2012 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HENDRA VALE has not materially changed since January 2012.

How Large is 18 HENDRA VALE?

18 HENDRA VALE is 117m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% 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 HENDRA VALE lies on this distribution: 48% of detached houses houses are smaller than 18 HENDRA VALE, and 52% of houses are larger. Note that EPC data is not available for all properties in Launceston.

18 HENDRA VALE: Plot and Title Map

18 HENDRA VALE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 18 HENDRA VALE, 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 HENDRA VALE). 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 HENDRA VALE?

18 HENDRA VALE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 18 on HENDRA VALE.