4, LYNHER WAY, NORTH HILL, LAUNCESTON, PL15 7PA - £217,000

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

4 LYNHER WAY is a small semi-detached house of 90m², built sometime between 1950 and 1966. It was last sold for £217,000 in August 2022, which was around 51% below the average August 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

4 LYNHER WAY Sold Prices

Land registry data shows three sales for 4 LYNHER WAY 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 4 LYNHER WAY 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
2022 22 AUG	£217,000	£441,815	51% below HPI
2012 18 MAY	£124,950	£274,769	55% below HPI
1999 26 MAR	£32,000	£93,565	66% below HPI

4 LYNHER WAY 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 4 LYNHER WAY sales between March 1999 and August 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 May 2012 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2022 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 4 LYNHER WAY?

4 LYNHER WAY is 90m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses in North Hill, based on EPC data. The below chart shows the distribution of detached houses by size in North Hill, and where 4 LYNHER WAY lies on this distribution: 30% of detached houses are smaller than 4 LYNHER WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in North Hill.

4 LYNHER WAY: Plot and Title Map

4 LYNHER WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 4 LYNHER WAY, 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 4 LYNHER WAY). 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 4 LYNHER WAY?

4 LYNHER WAY is located in NORTH HILL, in the PL15 postcode district. The below map shows the position of No. 4 on LYNHER WAY.