2, OVERTON VILLAS, LAUNCESTON, PL15 9AR - £247,000

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 OVERTON VILLAS is a large extended semi-detached house of 154m², built sometime between 1900 and 1929, which could now be worth an estimated £309,341. It was last sold for £247,000 in September 2020, which was around 6% above the average September 2020 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

2 OVERTON VILLAS Sold Prices

Land registry data shows three sales for 2 OVERTON VILLAS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 2 OVERTON VILLAS sales were for above the average price, whilst one was 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
2020 30 SEP	£247,000	£233,818	6% above HPI
2016 31 AUG	£230,000	£198,146	16% above HPI
1999 26 NOV	£45,000	£63,461	29% below HPI

2 OVERTON VILLAS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 2 OVERTON VILLAS sales between November 1999 and September 2020 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 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 OVERTON VILLAS be worth now?

2 OVERTON VILLAS might now be worth an estimated £309,341.

This is based on house price inflation of 25.2%, between September 2020 and March 2025, for semi-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 25.2% inflationary increase is applied to the most recent sale price for 2 OVERTON VILLAS of £247,000 on 30th September 2020. For the value to have increased from £247,000 to £309,341 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 2 OVERTON VILLAS has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The September 2020 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OVERTON VILLAS has not materially changed since September 2020.

How Large is 2 OVERTON VILLAS?

2 OVERTON VILLAS is 154m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of semi-detached houses houses in Launceston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Launceston, and where 2 OVERTON VILLAS lies on this distribution: 77% of semi-detached houses houses are smaller than 2 OVERTON VILLAS, and 23% of houses are larger. Note that EPC data is not available for all properties in Launceston.

2 OVERTON VILLAS: Plot and Title Map

2 OVERTON VILLAS sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 2 OVERTON VILLAS, 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 OVERTON VILLAS). 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 OVERTON VILLAS?

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