20, RACE HILL, LAUNCESTON, PL15 9BB - £145,000

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 RACE HILL is a very small detached house of 58m². It was last sold for £145,000 in September 2021, which was around 62% below the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

20 RACE HILL Sold Prices

Land registry data shows two sales for 20 RACE HILL 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 20 RACE HILL 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
2021 20 SEP	£145,000	£380,638	62% below HPI
2019 18 JUN	£146,000	£329,773	56% below HPI

20 RACE HILL 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 RACE HILL sales from June 2019 and September 2021 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 2019 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the September 2021 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 20 RACE HILL?

20 RACE HILL is 58m² according to the EPC inspection conducted in November 2018. 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 20 RACE HILL lies on this distribution: 1% of detached houses are smaller than 20 RACE HILL, and 99% of houses are larger. Note that EPC data is not available for all properties in Launceston.

20 RACE HILL: Plot and Title Map

20 RACE HILL sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 20 RACE HILL, 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 RACE HILL). 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 RACE HILL?

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