38, HENDRA VALE, LAUNCESTON, PL15 7HF - £369,950

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

38 HENDRA VALE is a large extended detached house of 157m², built sometime between 1967 and 1975. It was last sold for £369,950 in January 2021, which was around 2% below the average January 2021 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 C.

38 HENDRA VALE Sold Prices

Land registry data shows four sales for 38 HENDRA VALE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 38 HENDRA VALE 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 25 JAN	£369,950	£377,341	2% below HPI
2018 28 JUN	£170,000	£326,989	48% below HPI
2002 18 FEB	£129,000	£146,301	12% below HPI
1998 18 DEC	£74,000	£90,728	18% below HPI

38 HENDRA VALE 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 four 38 HENDRA VALE sales between December 1998 and January 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 June 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 38 HENDRA VALE?

38 HENDRA VALE is 157m², which includes two 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 38 HENDRA VALE lies on this distribution: 79% of detached houses are smaller than 38 HENDRA VALE, and 21% of houses are larger. Note that EPC data is not available for all properties in Launceston.

38 HENDRA VALE: Plot and Title Map

38 HENDRA VALE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 38 HENDRA VALE, 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 38 HENDRA VALE). 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 38 HENDRA VALE?

38 HENDRA VALE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 38 on HENDRA VALE.