5, TAMAR TERRACE, LAUNCESTON, PL15 9EU - £190,500

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.

5 TAMAR TERRACE is a small extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £254,767. It was last sold for £190,500 in September 2017, which was around 42% below the average September 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was A.

5 TAMAR TERRACE Sold Prices

Land registry data shows two sales for 5 TAMAR TERRACE 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. One of the two 5 TAMAR TERRACE sales was for below the average price, whilst the other was 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
2017 12 SEP	£190,500	£326,936	42% below HPI
2004 20 OCT	£270,000	£259,395	4% above HPI

5 TAMAR TERRACE 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 5 TAMAR TERRACE sales from October 2004 and September 2017 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 October 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 5 TAMAR TERRACE be worth now?

5 TAMAR TERRACE might now be worth an estimated £254,767.

This is based on house price inflation of 33.7%, between September 2017 and February 2025, for 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 33.7% inflationary increase is applied to the most recent sale price for 5 TAMAR TERRACE of £190,500 on 12th September 2017. For the value to have increased from £190,500 to £254,767 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 TAMAR TERRACE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2017 sale price of £190,500 represented a fair market value for the property.
• The size, condition, and specification of 5 TAMAR TERRACE has not materially changed since September 2017.

How Large is 5 TAMAR TERRACE?

5 TAMAR TERRACE is 104m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Launceston, and where 5 TAMAR TERRACE lies on this distribution: 35% of detached houses houses are smaller than 5 TAMAR TERRACE, and 64% of houses are larger. Note that EPC data is not available for all properties in Launceston.

5 TAMAR TERRACE: Plot and Title Map

5 TAMAR TERRACE sits on a plot of roughly 0.216 of an acre, or 876m². The below map shows the location of 5 TAMAR TERRACE, 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 TAMAR TERRACE). 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 TAMAR TERRACE?

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