7, WINDMILL HILL TERRACE, LAUNCESTON, PL15 9AH - £170,000

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 WINDMILL HILL TERRACE is a very small detached house of 73m², built sometime between 1930 and 1949. It was last sold for £170,000 in December 2023, which was around 61% below the average December 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

7 WINDMILL HILL TERRACE Sold Prices

Land registry data shows three sales for 7 WINDMILL HILL TERRACE 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 7 WINDMILL HILL TERRACE 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
2023 15 DEC	£170,000	£432,965	61% below HPI
2002 11 NOV	£105,000	£187,019	44% below HPI
1997 17 JAN	£40,500	£76,629	47% below HPI

7 WINDMILL HILL 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 three 7 WINDMILL HILL TERRACE sales between January 1997 and December 2023 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 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2023 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 7 WINDMILL HILL TERRACE?

7 WINDMILL HILL TERRACE is 73m² according to the EPC inspection conducted in November 2022. 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 WINDMILL HILL TERRACE lies on this distribution: 5% of detached houses are smaller than 7 WINDMILL HILL TERRACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Launceston.

7 WINDMILL HILL TERRACE: Plot and Title Map

7 WINDMILL HILL TERRACE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 7 WINDMILL HILL 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 7 WINDMILL HILL 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 7 WINDMILL HILL TERRACE?

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