24, MEADOWSIDE, LAUNCESTON, PL15 7DJ - £270,000

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

24 MEADOWSIDE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £270,000 in March 2021, which was around 28% below the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

24 MEADOWSIDE Sold Prices

Land registry data shows four sales for 24 MEADOWSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 24 MEADOWSIDE 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 1 MAR	£270,000	£375,921	28% below HPI
2013 22 AUG	£230,000	£276,259	17% below HPI
2006 15 AUG	£227,000	£271,309	16% below HPI
2003 7 APR	£160,000	£201,318	21% below HPI

24 MEADOWSIDE 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 four 24 MEADOWSIDE sales between April 2003 and March 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 August 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 24 MEADOWSIDE?

24 MEADOWSIDE is 86m² according to the EPC inspection conducted in May 2011. 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 24 MEADOWSIDE lies on this distribution: 17% of detached houses are smaller than 24 MEADOWSIDE, and 83% of houses are larger. Note that EPC data is not available for all properties in Launceston.

24 MEADOWSIDE: Plot and Title Map

24 MEADOWSIDE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 24 MEADOWSIDE, 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 24 MEADOWSIDE). 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 24 MEADOWSIDE?

24 MEADOWSIDE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 24 on MEADOWSIDE.