5, PLESTIN CLOSE, LAUNCESTON, PL15 8XJ - £170,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

5 PLESTIN CLOSE is a very small semi-detached house of 84m², built sometime between 1983 and 1990. It was last sold for £170,000 in June 2021, which was around 56% below the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

5 PLESTIN CLOSE Sold Prices

Land registry data shows three sales for 5 PLESTIN 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. All of the three 5 PLESTIN CLOSE 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
2021 18 JUN	£170,000	£387,509	56% below HPI
2004 12 JUL	£138,500	£248,122	44% below HPI
2001 23 APR	£35,340	£125,516	72% below HPI

5 PLESTIN 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 5 PLESTIN CLOSE sales between April 2001 and June 2021 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 July 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2021 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 5 PLESTIN CLOSE?

5 PLESTIN CLOSE is 84m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 5 PLESTIN CLOSE lies on this distribution: 15% of detached houses are smaller than 5 PLESTIN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Launceston.

5 PLESTIN CLOSE: Plot and Title Map

5 PLESTIN CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 5 PLESTIN 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 5 PLESTIN 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 5 PLESTIN CLOSE?

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