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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 LYNHER WAY is a small semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £214,823. It was last sold for £217,000 in August 2022, which was around 25% below the average August 2022 semi-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 semi-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	£291,170	25% below HPI
2012 18 MAY	£124,950	£182,809	32% below HPI
1999 26 MAR	£32,000	£59,049	46% below HPI

4 LYNHER WAY Price Paid vs. HPI Average

The below graph shows the average semi-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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 LYNHER WAY be worth now?

4 LYNHER WAY might now be worth an estimated £214,823.

This is based on house price deflation of 1%, between August 2022 and February 2025, for semi-detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% deflationary decrease is applied to the most recent sale price for 4 LYNHER WAY of £217,000 on 22nd August 2022. For the value to have decreased from £217,000 to £214,823 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 4 LYNHER WAY has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The August 2022 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LYNHER WAY has not materially changed since August 2022.

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 40% of semi-detached houses houses in North Hill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Hill, and where 4 LYNHER WAY lies on this distribution: 31% of semi-detached houses houses are smaller than 4 LYNHER WAY, and 69% 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.