3, GOLDFINCH CLOSE, LAUNCESTON, PL15 9JX - £298,500

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.

3 GOLDFINCH CLOSE is a large extended detached house of 123m², built sometime between 2003 and 2006, which could now be worth an estimated £371,028. It was last sold for £298,500 in July 2020, which was around 15% below the average July 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

3 GOLDFINCH CLOSE Sold Prices

Land registry data shows two sales for 3 GOLDFINCH 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. One of the two 3 GOLDFINCH CLOSE sales was for below the average price, whilst the other was for above 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
2020 30 JUL	£298,500	£351,762	15% below HPI
2003 27 MAR	£209,950	£202,056	4% above HPI

3 GOLDFINCH 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 GOLDFINCH CLOSE sales from March 2003 and July 2020 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 March 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 GOLDFINCH CLOSE be worth now?

3 GOLDFINCH CLOSE might now be worth an estimated £371,028.

This is based on house price inflation of 24.3%, between July 2020 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 24.3% inflationary increase is applied to the most recent sale price for 3 GOLDFINCH CLOSE of £298,500 on 30th July 2020. For the value to have increased from £298,500 to £371,028 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 3 GOLDFINCH CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2020 sale price of £298,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GOLDFINCH CLOSE has not materially changed since July 2020.

How Large is 3 GOLDFINCH CLOSE?

3 GOLDFINCH CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses houses in Withnoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Withnoe, and where 3 GOLDFINCH CLOSE lies on this distribution: 67% of detached houses houses are smaller than 3 GOLDFINCH CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Withnoe.

3 GOLDFINCH CLOSE: Plot and Title Map

3 GOLDFINCH CLOSE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 3 GOLDFINCH 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 GOLDFINCH 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 GOLDFINCH CLOSE?

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