6, OVERTON VILLAS, LAUNCESTON, PL15 9AR - £245,000

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 OVERTON VILLAS is a large extended detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £327,777. It was last sold for £245,000 in May 2018, which was around 26% below the average May 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was D.

6 OVERTON VILLAS Sold Prices

Land registry data shows three sales for 6 OVERTON VILLAS 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 6 OVERTON VILLAS 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
2018 30 MAY	£245,000	£331,874	26% below HPI
2016 21 OCT	£180,000	£309,703	42% below HPI
2001 8 MAR	£95,500	£123,475	23% below HPI

6 OVERTON VILLAS 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 6 OVERTON VILLAS sales between March 2001 and May 2018 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 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 6 OVERTON VILLAS be worth now?

6 OVERTON VILLAS might now be worth an estimated £327,777.

This is based on house price inflation of 33.8%, between May 2018 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 33.8% inflationary increase is applied to the most recent sale price for 6 OVERTON VILLAS of £245,000 on 30th May 2018. For the value to have increased from £245,000 to £327,777 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 6 OVERTON VILLAS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OVERTON VILLAS has not materially changed since May 2018.

How Large is 6 OVERTON VILLAS?

6 OVERTON VILLAS is 131m², which includes four extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 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 OVERTON VILLAS lies on this distribution: 63% of detached houses houses are smaller than 6 OVERTON VILLAS, and 36% of houses are larger. Note that EPC data is not available for all properties in Launceston.

6 OVERTON VILLAS: Plot and Title Map

6 OVERTON VILLAS sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 6 OVERTON VILLAS, 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 OVERTON VILLAS). 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 OVERTON VILLAS?

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