3, TAVISTOCK ROAD, LAUNCESTON, PL15 9HA - £397,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 TAVISTOCK ROAD is a large extended detached house of 151m², built sometime before 1900. It was last sold for £397,500 in September 2023, which was around 11% below the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

3 TAVISTOCK ROAD Sold Prices

Land registry data shows two sales for 3 TAVISTOCK ROAD 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 TAVISTOCK ROAD 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
2023 21 SEP	£397,500	£446,312	11% below HPI
2021 31 AUG	£317,000	£382,558	17% below HPI

3 TAVISTOCK ROAD 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 TAVISTOCK ROAD sales from August 2021 and September 2023 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 August 2021 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 TAVISTOCK ROAD?

3 TAVISTOCK ROAD is 151m², which includes four extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% 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 TAVISTOCK ROAD lies on this distribution: 75% of detached houses are smaller than 3 TAVISTOCK ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Launceston.

3 TAVISTOCK ROAD: Plot and Title Map

3 TAVISTOCK ROAD sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 3 TAVISTOCK ROAD, 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 TAVISTOCK ROAD). 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 TAVISTOCK ROAD?

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