3, HENDRA PARK, LAUNCESTON, PL15 7JR - £290,000

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.

3 HENDRA PARK is a small extended detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £384,627. It was last sold for £290,000 in October 2017, which was around 12% below the average October 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

3 HENDRA PARK Sold Prices

Land registry data shows three sales for 3 HENDRA PARK 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 3 HENDRA PARK 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 17 OCT	£290,000	£329,662	12% below HPI
2009 1 JUN	£180,000	£255,015	29% below HPI
2007 22 JAN	£195,000	£286,962	32% below HPI

3 HENDRA PARK 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 3 HENDRA PARK sales between January 2007 and October 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 June 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2017 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 HENDRA PARK be worth now?

3 HENDRA PARK might now be worth an estimated £384,627.

This is based on house price inflation of 32.6%, between October 2017 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 32.6% inflationary increase is applied to the most recent sale price for 3 HENDRA PARK of £290,000 on 17th October 2017. For the value to have increased from £290,000 to £384,627 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 HENDRA PARK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2017 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HENDRA PARK has not materially changed since October 2017.

How Large is 3 HENDRA PARK?

3 HENDRA PARK is 109m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% 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 3 HENDRA PARK lies on this distribution: 40% of detached houses houses are smaller than 3 HENDRA PARK, and 60% of houses are larger. Note that EPC data is not available for all properties in Launceston.

3 HENDRA PARK: Plot and Title Map

3 HENDRA PARK sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 3 HENDRA PARK, 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 HENDRA PARK). 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 HENDRA PARK?

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