28, MEADOWSIDE, LAUNCESTON, PL15 7DJ - £355,000

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

28 MEADOWSIDE is a very small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £355,000 in February 2022, which was around 16% below the average February 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

28 MEADOWSIDE Sold Prices

Land registry data shows two sales for 28 MEADOWSIDE 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 28 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
2022 14 FEB	£355,000	£420,570	16% below HPI
2021 12 FEB	£175,000	£378,711	54% below HPI

28 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 two 28 MEADOWSIDE sales from February 2021 and February 2022 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 February 2021 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the February 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 28 MEADOWSIDE?

28 MEADOWSIDE is 87m² according to the EPC inspection conducted in June 2021. 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 28 MEADOWSIDE lies on this distribution: 18% of detached houses are smaller than 28 MEADOWSIDE, and 82% of houses are larger. Note that EPC data is not available for all properties in Launceston.

28 MEADOWSIDE: Plot and Title Map

28 MEADOWSIDE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 28 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 28 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 28 MEADOWSIDE?

28 MEADOWSIDE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 28 on MEADOWSIDE.