2, MANATON DRIVE, LAUNCESTON, PL15 9EE - £325,000

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 MANATON DRIVE is a large detached house of 155m², which could now be worth an estimated £361,014. It was last sold for £325,000 in June 2021, which was around 17% below the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was C.

2 MANATON DRIVE Sold Prices

Land registry data shows two sales for 2 MANATON DRIVE 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 2 MANATON 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
2021 25 JUN	£325,000	£393,614	17% below HPI
2012 31 AUG	£250,000	£276,397	10% below HPI

2 MANATON 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 two 2 MANATON DRIVE sales from August 2012 and June 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 August 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 MANATON DRIVE be worth now?

2 MANATON DRIVE might now be worth an estimated £361,014.

This is based on house price inflation of 11.1%, between June 2021 and February 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 11.1% inflationary increase is applied to the most recent sale price for 2 MANATON DRIVE of £325,000 on 25th June 2021. For the value to have increased from £325,000 to £361,014 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2 MANATON DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MANATON DRIVE has not materially changed since June 2021.

How Large is 2 MANATON DRIVE?

2 MANATON DRIVE is 155m² according to the EPC inspection conducted in August 2012. This puts it in the largest 30% 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 2 MANATON DRIVE lies on this distribution: 77% of detached houses houses are smaller than 2 MANATON DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Launceston.

2 MANATON DRIVE: Plot and Title Map

2 MANATON DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 2 MANATON 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 MANATON 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 MANATON DRIVE?

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