18, MEADOWSIDE, LAUNCESTON, PL15 7DJ - £207,000

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 MEADOWSIDE is a very small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £358,980. It was last sold for £207,000 in August 2004, which was around 19% below the average August 2004 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2013, where the current energy rating was B, and the potential energy rating was A.

18 MEADOWSIDE Sold Prices

Land registry data shows two sales for 18 MEADOWSIDE 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 MEADOWSIDE 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
2004 25 AUG	£207,000	£256,027	19% below HPI
1996 12 DEC	£65,500	£76,596	14% below HPI

18 MEADOWSIDE 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 MEADOWSIDE sales from December 1996 and August 2004 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 December 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2004 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 18 MEADOWSIDE be worth now?

18 MEADOWSIDE might now be worth an estimated £358,980.

This is based on house price inflation of 73.4%, between August 2004 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 73.4% inflationary increase is applied to the most recent sale price for 18 MEADOWSIDE of £207,000 on 25th August 2004. For the value to have increased from £207,000 to £358,980 over the nineteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 18 MEADOWSIDE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2004 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MEADOWSIDE has not materially changed since August 2004.

How Large is 18 MEADOWSIDE?

18 MEADOWSIDE is 90m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% 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 MEADOWSIDE lies on this distribution: 19% of detached houses houses are smaller than 18 MEADOWSIDE, and 80% of houses are larger. Note that EPC data is not available for all properties in Launceston.

18 MEADOWSIDE: Plot and Title Map

18 MEADOWSIDE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 18 MEADOWSIDE, 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 MEADOWSIDE). 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 MEADOWSIDE?

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