4, MAYNE CLOSE, LAUNCESTON, PL15 8XQ - £325,000

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 MAYNE CLOSE is a very large extended detached house of 168m², built sometime between 1996 and 2002. It was last sold for £325,000 in February 2018, which was around 1% below the average February 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.

4 MAYNE CLOSE Sold Prices

Land registry data shows three sales for 4 MAYNE CLOSE 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. One of the three 4 MAYNE CLOSE sales was for below the average price, whilst two were for above 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
2018 16 FEB	£325,000	£327,866	1% below HPI
2003 23 MAY	£238,000	£205,598	16% above HPI
2001 2 APR	£186,250	£125,516	48% above HPI

4 MAYNE CLOSE 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 MAYNE CLOSE sales between April 2001 and February 2018 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 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 4 MAYNE CLOSE?

4 MAYNE CLOSE is 168m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 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 4 MAYNE CLOSE lies on this distribution: 82% of detached houses are smaller than 4 MAYNE CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Launceston.

4 MAYNE CLOSE: Plot and Title Map

4 MAYNE CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 4 MAYNE CLOSE, 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 MAYNE CLOSE). 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 MAYNE CLOSE?

4 MAYNE CLOSE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 4 on MAYNE CLOSE.