2, HAYE COMMON DRIVE, LAUNCESTON, PL15 9FD - £122,500

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.

2 HAYE COMMON DRIVE is a very small terraced house of 68m², which could now be worth an estimated £130,129. It was last sold for £122,500 in December 2021, which was around 44% below the average December 2021 terraced price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was C.

2 HAYE COMMON DRIVE Sold Prices

Land registry data shows two sales for 2 HAYE COMMON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. One of the two 2 HAYE COMMON DRIVE sales was for below the average price, whilst the other was roughly equal to 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
2021 17 DEC	£122,500	£219,080	44% below HPI
2012 27 JUL	£155,000	£154,717	Close to HPI

2 HAYE COMMON DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The two 2 HAYE COMMON DRIVE sales from July 2012 and December 2021 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 July 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 2 HAYE COMMON DRIVE be worth now?

2 HAYE COMMON DRIVE might now be worth an estimated £130,129.

This is based on house price inflation of 6.2%, between December 2021 and July 2025, for terraced 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 6.2% inflationary increase is applied to the most recent sale price for 2 HAYE COMMON DRIVE of £122,500 on 17th December 2021. For the value to have increased from £122,500 to £130,129 over the four years and five months to July 2025, the following assumptions must hold true:

• The value of 2 HAYE COMMON DRIVE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The December 2021 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 2 HAYE COMMON DRIVE has not materially changed since December 2021.

How Large is 2 HAYE COMMON DRIVE?

2 HAYE COMMON DRIVE is 68m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of terraced houses houses in Launceston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Launceston, and where 2 HAYE COMMON DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 2 HAYE COMMON DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Launceston.

2 HAYE COMMON DRIVE: Plot and Title Map

2 HAYE COMMON DRIVE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 2 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 2 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 2 HAYE COMMON DRIVE?

2 HAYE COMMON DRIVE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 2 on HAYE COMMON DRIVE.