21, WOBURN ROAD, LAUNCESTON, PL15 7HH - £280,000

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.

21 WOBURN ROAD is a very small detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £360,018. It was last sold for £280,000 in February 2019, which was around 18% below the average February 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

21 WOBURN ROAD Sold Prices

Land registry data shows three sales for 21 WOBURN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 21 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
2019 15 FEB	£280,000	£340,052	18% below HPI
2013 15 AUG	£197,500	£280,611	30% below HPI
1997 31 JUL	£69,000	£82,169	16% below HPI

21 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 three 21 WOBURN ROAD sales between July 1997 and February 2019 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 August 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 21 WOBURN ROAD be worth now?

21 WOBURN ROAD might now be worth an estimated £360,018.

This is based on house price inflation of 28.6%, between February 2019 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 28.6% inflationary increase is applied to the most recent sale price for 21 WOBURN ROAD of £280,000 on 15th February 2019. For the value to have increased from £280,000 to £360,018 over the six years to February 2025, the following assumptions must hold true:

• The value of 21 WOBURN ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 21 WOBURN ROAD has not materially changed since February 2019.

How Large is 21 WOBURN ROAD?

21 WOBURN ROAD is 68m² according to the EPC inspection conducted in January 2013. 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 21 WOBURN ROAD lies on this distribution: 3% of detached houses houses are smaller than 21 WOBURN ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Launceston.

21 WOBURN ROAD: Plot and Title Map

21 WOBURN ROAD sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 21 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 21 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 21 WOBURN ROAD?

21 WOBURN ROAD is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 21 on WOBURN ROAD.