2, WINDMILL LANE, LAUNCESTON, PL15 9AU - £174,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 WINDMILL LANE is a very small extended semi-detached house of 88m², built sometime between 1930 and 1949. It was last sold for £174,000 in March 2017, which was around 44% below the average March 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

2 WINDMILL LANE Sold Prices

Land registry data shows two sales for 2 WINDMILL LANE 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 WINDMILL LANE 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
2017 6 MAR	£174,000	£309,696	44% below HPI
2010 21 JUN	£130,000	£277,906	53% below HPI

2 WINDMILL LANE 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 WINDMILL LANE sales from June 2010 and March 2017 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 June 2010 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the March 2017 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 2 WINDMILL LANE?

2 WINDMILL LANE is 88m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 2 WINDMILL LANE lies on this distribution: 18% of detached houses are smaller than 2 WINDMILL LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Launceston.

2 WINDMILL LANE: Plot and Title Map

2 WINDMILL LANE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 2 WINDMILL LANE, 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 WINDMILL LANE). 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 WINDMILL LANE?

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