44, RACE HILL, LAUNCESTON, PL15 9BB - £69,500

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

44 RACE HILL is a very small extended detached house of 73m², built sometime between 1976 and 1982. It was last sold for £69,500 in December 2001, which was around 51% below the average December 2001 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

44 RACE HILL Sold Prices

Land registry data shows two sales for 44 RACE HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 44 RACE HILL 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
2001 12 DEC	£69,500	£142,349	51% below HPI
2001 14 MAR	£48,500	£121,560	60% below HPI

44 RACE HILL 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 two 44 RACE HILL sales from March 2001 and December 2001 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 March 2001 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the December 2001 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 44 RACE HILL?

44 RACE HILL is 73m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 44 RACE HILL lies on this distribution: 5% of detached houses are smaller than 44 RACE HILL, and 94% of houses are larger. Note that EPC data is not available for all properties in Launceston.

44 RACE HILL: Plot and Title Map

44 RACE HILL sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 44 RACE HILL, 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 44 RACE HILL). 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 44 RACE HILL?

44 RACE HILL is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 44 on RACE HILL.