8, FOUNDRY GARDENS, LAUNCESTON, PL15 8PB - £300,000

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

8 FOUNDRY GARDENS is a large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £300,000 in March 2021, which was around 20% below the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

8 FOUNDRY GARDENS Sold Prices

Land registry data shows three sales for 8 FOUNDRY GARDENS 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 8 FOUNDRY GARDENS 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
2021 16 MAR	£300,000	£375,921	20% below HPI
2010 23 JUL	£210,000	£276,747	24% below HPI
2001 12 OCT	£125,000	£139,774	11% below HPI

8 FOUNDRY GARDENS 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 8 FOUNDRY GARDENS sales between October 2001 and March 2021 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 July 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 FOUNDRY GARDENS?

8 FOUNDRY GARDENS is 137m², which includes one extension, according to the EPC inspection conducted in July 2018. 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 8 FOUNDRY GARDENS lies on this distribution: 67% of detached houses are smaller than 8 FOUNDRY GARDENS, and 32% of houses are larger. Note that EPC data is not available for all properties in Launceston.

8 FOUNDRY GARDENS: Plot and Title Map

8 FOUNDRY GARDENS sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 8 FOUNDRY GARDENS, 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 FOUNDRY GARDENS). 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 FOUNDRY GARDENS?

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