188, LAUNCESTON ROAD, KELLY BRAY, CALLINGTON, PL17 8DT - £265,000

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

188 LAUNCESTON ROAD is a small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £352,678. It was last sold for £265,000 in March 2018, which was around 21% below the average March 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

188 LAUNCESTON ROAD Sold Prices

Land registry data shows two sales for 188 LAUNCESTON ROAD 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 188 LAUNCESTON ROAD 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
2018 12 MAR	£265,000	£333,621	21% below HPI
2013 13 SEP	£185,000	£282,832	35% below HPI

188 LAUNCESTON ROAD 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 188 LAUNCESTON ROAD sales from September 2013 and March 2018 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 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 188 LAUNCESTON ROAD be worth now?

188 LAUNCESTON ROAD might now be worth an estimated £352,678.

This is based on house price inflation of 33.1%, between March 2018 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 33.1% inflationary increase is applied to the most recent sale price for 188 LAUNCESTON ROAD of £265,000 on 12th March 2018. For the value to have increased from £265,000 to £352,678 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of 188 LAUNCESTON ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2018 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 188 LAUNCESTON ROAD has not materially changed since March 2018.

How Large is 188 LAUNCESTON ROAD?

188 LAUNCESTON ROAD is 86m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses houses in Kelly Bray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kelly Bray, and where 188 LAUNCESTON ROAD lies on this distribution: 20% of detached houses houses are smaller than 188 LAUNCESTON ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Kelly Bray.

188 LAUNCESTON ROAD: Plot and Title Map

188 LAUNCESTON ROAD sits on a plot of roughly 10.7 acres, or 43,447m². The below map shows the location of 188 LAUNCESTON ROAD, 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 188 LAUNCESTON ROAD). 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 188 LAUNCESTON ROAD?

188 LAUNCESTON ROAD is located in KELLY BRAY, in the PL17 postcode district. The below map shows the position of No. 188 on LAUNCESTON ROAD.