BRANDISH PARK, TAVISTOCK ROAD, LAUNCESTON, PL15 9LF - £455,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BRANDISH PARK is a very large extended detached house of 285m², built sometime between 1983 and 1990, which could now be worth an estimated £565,553. It was last sold for £455,000 in July 2020, which was around 29% above the average July 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

BRANDISH PARK Sold Prices

Land registry data shows three sales for BRANDISH PARK 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 BRANDISH PARK sales were for above 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 30 JUL	£455,000	£351,762	29% above HPI
1999 10 DEC	£228,000	£104,954	117% above HPI
1997 23 SEP	£180,000	£85,175	111% above HPI

BRANDISH PARK 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 BRANDISH PARK sales between September 1997 and July 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 December 1999 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the July 2020 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might BRANDISH PARK be worth now?

BRANDISH PARK might now be worth an estimated £565,553.

This is based on house price inflation of 24.3%, between July 2020 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.3% inflationary increase is applied to the most recent sale price for BRANDISH PARK of £455,000 on 30th July 2020. For the value to have increased from £455,000 to £565,553 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of BRANDISH PARK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2020 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of BRANDISH PARK has not materially changed since July 2020.

How Large is BRANDISH PARK?

BRANDISH PARK is 285m², which includes four extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses houses in Withnoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Withnoe, and where BRANDISH PARK lies on this distribution: More than 99% of detached houses houses are smaller than BRANDISH PARK, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Withnoe.

BRANDISH PARK: Plot and Title Map

BRANDISH PARK sits on a plot of roughly 0.423 of an acre, or 1,711m². The below map shows the location of BRANDISH PARK, 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 BRANDISH PARK). 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 BRANDISH PARK?

BRANDISH PARK is located on TAVISTOCK ROAD in LAUNCESTON, in the PL15 postcode district. The below map shows the position of BRANDISH PARK on TAVISTOCK ROAD.