3, WOBURN ROAD, LAUNCESTON, PL15 7HL - £255,000

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 WOBURN ROAD is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £255,000 in June 2021, which was around 34% below the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

3 WOBURN ROAD Sold Prices

Land registry data shows three sales for 3 WOBURN ROAD 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 WOBURN 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
2021 29 JUN	£255,000	£387,509	34% below HPI
2010 29 OCT	£239,500	£285,587	16% below HPI
2002 16 OCT	£127,500	£180,565	29% below HPI

3 WOBURN 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 three 3 WOBURN ROAD sales between October 2002 and June 2021 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 October 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 WOBURN ROAD?

3 WOBURN ROAD is 82m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 WOBURN ROAD lies on this distribution: 13% of detached houses are smaller than 3 WOBURN ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Launceston.

3 WOBURN ROAD: Plot and Title Map

3 WOBURN ROAD sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 3 WOBURN 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 WOBURN 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 WOBURN ROAD?

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