BRIMBLES, RIDGEGROVE LANE, LAUNCESTON, PL15 8EE - £199,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BRIMBLES is a large detached house of 160m², which could now be worth an estimated £314,826. It was last sold for £199,950 in October 2013, which was around 29% below the average October 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2009, where the current energy rating was B, and the potential energy rating was B.

BRIMBLES Sold Prices

Land registry data shows two sales for BRIMBLES 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 BRIMBLES 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
2013 25 OCT	£199,950	£281,992	29% below HPI
2010 14 APR	£200,000	£283,160	29% below HPI

BRIMBLES 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 BRIMBLES sales from April 2010 and October 2013 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 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2013 sale, which was also at 29% below the HPI.

What might BRIMBLES be worth now?

BRIMBLES might now be worth an estimated £314,826.

This is based on house price inflation of 57.5%, between October 2013 and December 2024, 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 57.5% inflationary increase is applied to the most recent sale price for BRIMBLES of £199,950 on 25th October 2013. For the value to have increased from £199,950 to £314,826 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of BRIMBLES has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2013 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of BRIMBLES has not materially changed since October 2013.

How Large is BRIMBLES?

BRIMBLES is 160m² according to the EPC inspection conducted in October 2009. This puts it in the largest 30% of detached houses houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Launceston, and where BRIMBLES lies on this distribution: 79% of detached houses houses are smaller than BRIMBLES, and 21% of houses are larger. Note that EPC data is not available for all properties in Launceston.

BRIMBLES: Plot and Title Map

BRIMBLES sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of BRIMBLES, 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 BRIMBLES). 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 BRIMBLES?

BRIMBLES is located on RIDGEGROVE LANE in LAUNCESTON, in the PL15 postcode district. The below map shows the position of BRIMBLES on RIDGEGROVE LANE.