20, MAYNE CLOSE, LAUNCESTON, PL15 8XQ - £245,000

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

20 MAYNE CLOSE is a large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £245,000 in October 2012, which was around 8% below the average October 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

20 MAYNE CLOSE Sold Prices

Land registry data shows two sales for 20 MAYNE CLOSE 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. One of the two 20 MAYNE CLOSE sales was for below the average price, whilst the other was for above 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
2012 22 OCT	£245,000	£265,698	8% below HPI
2001 30 NOV	£169,950	£141,481	20% above HPI

20 MAYNE CLOSE 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 20 MAYNE CLOSE sales from November 2001 and October 2012 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 November 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 20 MAYNE CLOSE?

20 MAYNE CLOSE is 142m² according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 20 MAYNE CLOSE lies on this distribution: 70% of detached houses are smaller than 20 MAYNE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Launceston.

20 MAYNE CLOSE: Plot and Title Map

20 MAYNE CLOSE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 20 MAYNE CLOSE, 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 20 MAYNE CLOSE). 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 20 MAYNE CLOSE?

20 MAYNE CLOSE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 20 on MAYNE CLOSE.