7B, ROYDON ROAD, LAUNCESTON, PL15 8DN - £294,000

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

7B ROYDON ROAD is a large detached house of 151m², built sometime between 1967 and 1975. It was last sold for £294,000 in March 2020, which was around 14% below the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

7B ROYDON ROAD Sold Prices

Land registry data shows three sales for 7B ROYDON ROAD 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 7B ROYDON ROAD 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
2020 5 MAR	£294,000	£342,697	14% below HPI
2001 19 JAN	£116,000	£118,375	2% below HPI
1998 15 JAN	£68,000	£86,449	21% below HPI

7B ROYDON ROAD 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 7B ROYDON ROAD sales between January 1998 and March 2020 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 January 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7B ROYDON ROAD?

7B ROYDON ROAD is 151m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 7B ROYDON ROAD lies on this distribution: 75% of detached houses are smaller than 7B ROYDON ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Launceston.

7B ROYDON ROAD: Plot and Title Map

7B ROYDON ROAD sits on a plot of roughly 0.205 of an acre, or 828m². The below map shows the location of 7B ROYDON ROAD, 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 7B ROYDON ROAD). 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 7B ROYDON ROAD?

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