3, NEWPORT SQUARE, LAUNCESTON, PL15 8EN - £310,000

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

3 NEWPORT SQUARE is a very large detached house of 183m², built sometime before 1900. It was last sold for £310,000 in November 2020, which was around 17% below the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

3 NEWPORT SQUARE Sold Prices

Land registry data shows two sales for 3 NEWPORT SQUARE 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 NEWPORT SQUARE 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
2020 6 NOV	£310,000	£371,513	17% below HPI
2003 14 APR	£157,500	£201,318	22% below HPI

3 NEWPORT SQUARE 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 NEWPORT SQUARE sales from April 2003 and November 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 April 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 NEWPORT SQUARE?

3 NEWPORT SQUARE is 183m² according to the EPC inspection conducted in October 2014. This puts it in the largest 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 3 NEWPORT SQUARE lies on this distribution: 88% of detached houses are smaller than 3 NEWPORT SQUARE, and 12% of houses are larger. Note that EPC data is not available for all properties in Launceston.

3 NEWPORT SQUARE: Plot and Title Map

3 NEWPORT SQUARE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 3 NEWPORT SQUARE, 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 NEWPORT SQUARE). 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 NEWPORT SQUARE?

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