7, BROAD PARK, LAUNCESTON, PL15 8DS - £155,000

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

7 BROAD PARK is a large extended semi-detached house of 138m², built sometime between 1950 and 1966. It was last sold for £155,000 in March 2016, which was around 50% below the average March 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

7 BROAD PARK Sold Prices

Land registry data shows four sales for 7 BROAD PARK 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. All of the four 7 BROAD PARK 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
2016 18 MAR	£155,000	£307,330	50% below HPI
2012 11 SEP	£148,500	£270,021	45% below HPI
2006 28 JUL	£148,500	£269,302	45% below HPI
2000 28 APR	£56,500	£108,174	48% below HPI

7 BROAD PARK 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 7 BROAD PARK sales between April 2000 and March 2016 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 September 2012 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2016 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 7 BROAD PARK?

7 BROAD PARK is 138m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 40% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 7 BROAD PARK lies on this distribution: 68% of detached houses are smaller than 7 BROAD PARK, and 32% of houses are larger. Note that EPC data is not available for all properties in Launceston.

7 BROAD PARK: Plot and Title Map

7 BROAD PARK sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 7 BROAD PARK, 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 7 BROAD PARK). 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 7 BROAD PARK?

7 BROAD PARK is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 7 on BROAD PARK.