2, WOBURN ROAD, LAUNCESTON, PL15 7HL - £167,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 WOBURN ROAD is a very small extended detached house of 58m², built sometime between 1950 and 1966. It was last sold for £167,500 in November 2016, which was around 46% below the average November 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

2 WOBURN ROAD Sold Prices

Land registry data shows two sales for 2 WOBURN ROAD 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 WOBURN ROAD 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
2016 18 NOV	£167,500	£307,645	46% below HPI
2001 21 DEC	£93,000	£142,349	35% below HPI

2 WOBURN ROAD 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 WOBURN ROAD sales from December 2001 and November 2016 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 December 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2016 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 2 WOBURN ROAD?

2 WOBURN ROAD is 58m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% 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 WOBURN ROAD lies on this distribution: 2% of detached houses are smaller than 2 WOBURN ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Launceston.

2 WOBURN ROAD: Plot and Title Map

2 WOBURN ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 2 WOBURN ROAD, 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 WOBURN ROAD). 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 WOBURN ROAD?

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