2, PENDRUCCOMBE GARDENS, LAUNCESTON, PL15 9HJ - £215,000

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 PENDRUCCOMBE GARDENS is a very small detached house of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £243,787. It was last sold for £215,000 in December 2020, which was around 44% below the average December 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

2 PENDRUCCOMBE GARDENS Sold Prices

Land registry data shows five sales for 2 PENDRUCCOMBE GARDENS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 2 PENDRUCCOMBE GARDENS 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
2020 18 DEC	£215,000	£385,602	44% below HPI
2015 10 SEP	£148,500	£307,855	52% below HPI
2012 26 OCT	£132,000	£269,884	51% below HPI
2010 20 AUG	£134,000	£284,028	53% below HPI
2005 23 NOV	£150,000	£265,882	44% below HPI

2 PENDRUCCOMBE GARDENS 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 five 2 PENDRUCCOMBE GARDENS sales between November 2005 and December 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 September 2015 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 2 PENDRUCCOMBE GARDENS be worth now?

2 PENDRUCCOMBE GARDENS might now be worth an estimated £243,787.

This is based on house price inflation of 13.4%, between December 2020 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 13.4% inflationary increase is applied to the most recent sale price for 2 PENDRUCCOMBE GARDENS of £215,000 on 18th December 2020. For the value to have increased from £215,000 to £243,787 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 PENDRUCCOMBE GARDENS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PENDRUCCOMBE GARDENS has not materially changed since December 2020.

How Large is 2 PENDRUCCOMBE GARDENS?

2 PENDRUCCOMBE GARDENS is 72m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% 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 PENDRUCCOMBE GARDENS lies on this distribution: 4% of detached houses houses are smaller than 2 PENDRUCCOMBE GARDENS, and 95% of houses are larger. Note that EPC data is not available for all properties in Launceston.

2 PENDRUCCOMBE GARDENS: Plot and Title Map

2 PENDRUCCOMBE GARDENS sits on a plot of roughly 0.435 of an acre, or 1,761m². The below map shows the location of 2 PENDRUCCOMBE GARDENS, 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 PENDRUCCOMBE GARDENS). 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 PENDRUCCOMBE GARDENS?

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