3, CHOUGH CLOSE, LAUNCESTON, PL15 9JZ - £271,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 CHOUGH CLOSE is a large extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £271,000 in September 2017, which was around 16% below the average September 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

3 CHOUGH CLOSE Sold Prices

Land registry data shows two sales for 3 CHOUGH 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. Both of the two 3 CHOUGH CLOSE 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
2017 11 SEP	£271,000	£321,865	16% below HPI
2003 30 JAN	£157,950	£196,316	20% below HPI

3 CHOUGH 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 3 CHOUGH CLOSE sales from January 2003 and September 2017 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 January 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 CHOUGH CLOSE?

3 CHOUGH CLOSE is 118m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses in Withnoe, based on EPC data. The below chart shows the distribution of detached houses by size in Withnoe, and where 3 CHOUGH CLOSE lies on this distribution: 60% of detached houses are smaller than 3 CHOUGH CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Withnoe.

3 CHOUGH CLOSE: Plot and Title Map

3 CHOUGH CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 3 CHOUGH 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 3 CHOUGH 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 3 CHOUGH CLOSE?

3 CHOUGH CLOSE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 3 on CHOUGH CLOSE.