3, LAUNCESTON CLOSE, BODMIN, PL31 2AN - £515,000

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 LAUNCESTON CLOSE is a very large extended detached house of 183m², built sometime between 1930 and 1949. It was last sold for £515,000 in March 2022, which was around 22% above the average March 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

3 LAUNCESTON CLOSE Sold Prices

Land registry data shows two sales for 3 LAUNCESTON 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 LAUNCESTON CLOSE sales was for above the average price, whilst the other was 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 2 MAR	£515,000	£423,857	22% above HPI
1998 25 SEP	£82,500	£90,854	9% below HPI

3 LAUNCESTON 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 LAUNCESTON CLOSE sales from September 1998 and March 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 September 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 3 LAUNCESTON CLOSE?

3 LAUNCESTON CLOSE is 183m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 10% of detached houses in Bodmin, based on EPC data. The below chart shows the distribution of detached houses by size in Bodmin, and where 3 LAUNCESTON CLOSE lies on this distribution: 92% of detached houses are smaller than 3 LAUNCESTON CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

3 LAUNCESTON CLOSE: Plot and Title Map

3 LAUNCESTON CLOSE sits on a plot of roughly 0.220 of an acre, or 892m². The below map shows the location of 3 LAUNCESTON 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 LAUNCESTON 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 LAUNCESTON CLOSE?

3 LAUNCESTON CLOSE is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 3 on LAUNCESTON CLOSE.