BROOK HOUSE, WOODA LANE, LAUNCESTON, PL15 8EQ - £342,500

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

BROOK HOUSE is a large extended detached house of 141m², built sometime between 1996 and 2002. It was last sold for £342,500 in August 2021, which was around 10% below the average August 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

BROOK HOUSE Sold Prices

Land registry data shows four sales for BROOK HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. two of the four BROOK HOUSE sales were for below the average price, and four 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
2021 19 AUG	£342,500	£382,558	10% below HPI
2016 8 FEB	£294,000	£301,849	3% below HPI
2002 10 MAY	£170,000	£154,610	10% above HPI
2000 6 OCT	£129,000	£122,539	5% above HPI

BROOK HOUSE 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 four BROOK HOUSE sales between October 2000 and August 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 February 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is BROOK HOUSE?

BROOK HOUSE is 141m², which includes two extensions, according to the EPC inspection conducted in August 2020. 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 BROOK HOUSE lies on this distribution: 70% of detached houses are smaller than BROOK HOUSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Launceston.

BROOK HOUSE: Plot and Title Map

BROOK HOUSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of BROOK HOUSE, 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 BROOK HOUSE). 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 BROOK HOUSE?

BROOK HOUSE is located on WOODA LANE in LAUNCESTON, in the PL15 postcode district. The below map shows the position of BROOK HOUSE on WOODA LANE.