8, CHOUGH CLOSE, LAUNCESTON, PL15 9JZ - £249,950

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

8 CHOUGH CLOSE is a very large detached house of 142m², built sometime between 1991 and 1995. It was last sold for £249,950 in August 2007, which was around 15% below the average August 2007 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

8 CHOUGH CLOSE Sold Prices

Land registry data shows two sales for 8 CHOUGH CLOSE 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 8 CHOUGH CLOSE 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
2007 17 AUG	£249,950	£293,635	15% below HPI
2003 10 APR	£176,950	£201,318	12% below HPI

8 CHOUGH CLOSE 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 8 CHOUGH CLOSE sales from April 2003 and August 2007 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 April 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2007 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 CHOUGH CLOSE?

8 CHOUGH CLOSE is 142m² according to the EPC inspection conducted in October 2016. This puts it in the largest 20% of detached houses in Withnoe, based on EPC data. The below chart shows the distribution of detached houses by size in Withnoe, and where 8 CHOUGH CLOSE lies on this distribution: 89% of detached houses are smaller than 8 CHOUGH CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Withnoe.

8 CHOUGH CLOSE: Plot and Title Map

8 CHOUGH CLOSE sits on a plot of roughly 0.079 of an acre, or 322m². The below map shows the location of 8 CHOUGH CLOSE, 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 8 CHOUGH CLOSE). 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 8 CHOUGH CLOSE?

8 CHOUGH CLOSE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 8 on CHOUGH CLOSE.