7, MEADOWSIDE, LAUNCESTON, PL15 7DJ - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 MEADOWSIDE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £245,000 in December 2019, which was around 28% below the average December 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

7 MEADOWSIDE Sold Prices

Land registry data shows two sales for 7 MEADOWSIDE 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. Both of the two 7 MEADOWSIDE 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
2019 17 DEC	£245,000	£341,511	28% below HPI
2018 30 NOV	£180,000	£339,199	47% below HPI

7 MEADOWSIDE 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 7 MEADOWSIDE sales from November 2018 and December 2019 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 November 2018 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 MEADOWSIDE?

7 MEADOWSIDE is 77m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% 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 MEADOWSIDE lies on this distribution: 9% of detached houses are smaller than 7 MEADOWSIDE, and 91% of houses are larger. Note that EPC data is not available for all properties in Launceston.

7 MEADOWSIDE: Plot and Title Map

7 MEADOWSIDE sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 7 MEADOWSIDE, 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 MEADOWSIDE). 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 MEADOWSIDE?

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