5, CHESTNUT DRIVE, LAUNCESTON, PL15 9GN - £353,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 CHESTNUT DRIVE is a midsized detached house of 117m². It was last sold for £353,000 in March 2022, which was around 17% below the average March 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

5 CHESTNUT DRIVE Sold Prices

Land registry data shows three sales for 5 CHESTNUT DRIVE 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 5 CHESTNUT DRIVE 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 18 MAR	£353,000	£423,857	17% below HPI
2018 25 MAY	£266,250	£326,727	19% below HPI
2017 27 OCT	£260,000	£324,548	20% below HPI

5 CHESTNUT DRIVE 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 5 CHESTNUT DRIVE sales between October 2017 and March 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 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 CHESTNUT DRIVE?

5 CHESTNUT DRIVE is 117m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of detached houses in Withnoe, based on EPC data. The below chart shows the distribution of detached houses by size in Withnoe, and where 5 CHESTNUT DRIVE lies on this distribution: 53% of detached houses are smaller than 5 CHESTNUT DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Withnoe.

5 CHESTNUT DRIVE: Plot and Title Map

5 CHESTNUT DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 5 CHESTNUT DRIVE, 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 5 CHESTNUT DRIVE). 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 5 CHESTNUT DRIVE?

5 CHESTNUT DRIVE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 5 on CHESTNUT DRIVE.