6, CHURCH LEA, LAUNCESTON, PL15 8QZ - £267,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 CHURCH LEA is a small detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £420,576. It was last sold for £267,500 in June 2012, which was around 5% below the average June 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

6 CHURCH LEA Sold Prices

Land registry data shows four sales for 6 CHURCH LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. two of the four 6 CHURCH LEA sales were for below the average price, and four 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
2012 28 JUN	£267,500	£282,400	5% below HPI
2004 21 APR	£235,000	£237,096	1% below HPI
1998 29 OCT	£99,000	£92,584	7% above HPI
1996 28 MAR	£87,500	£70,998	23% above HPI

6 CHURCH LEA 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 four 6 CHURCH LEA sales between March 1996 and June 2012 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 April 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2012 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 6 CHURCH LEA be worth now?

6 CHURCH LEA might now be worth an estimated £420,576.

This is based on house price inflation of 57.2%, between June 2012 and December 2024, 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 57.2% inflationary increase is applied to the most recent sale price for 6 CHURCH LEA of £267,500 on 28th June 2012. For the value to have increased from £267,500 to £420,576 over the eleven years and six months to December 2024, the following assumptions must hold true:

• The value of 6 CHURCH LEA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2012 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 6 CHURCH LEA has not materially changed since June 2012.

How Large is 6 CHURCH LEA?

6 CHURCH LEA is 101m² according to the EPC inspection conducted in September 2010. 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 6 CHURCH LEA lies on this distribution: 32% of detached houses houses are smaller than 6 CHURCH LEA, and 68% of houses are larger. Note that EPC data is not available for all properties in Launceston.

6 CHURCH LEA: Plot and Title Map

6 CHURCH LEA sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 6 CHURCH LEA, 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 6 CHURCH LEA). 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 6 CHURCH LEA?

6 CHURCH LEA is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 6 on CHURCH LEA.