CORNERSTONES, TREBURSYE ROAD, LAUNCESTON, PL15 7EL - £685,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CORNERSTONES is a very large detached house of 333m². It was last sold for £685,000 in April 2021, which was around 82% above the average April 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was A.

CORNERSTONES Sold Prices

Land registry data shows two sales for CORNERSTONES 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. One of the two CORNERSTONES sales was for above the average price, whilst the other was 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 20 APR	£685,000	£376,698	82% above HPI
2020 16 APR	£153,000	£338,451	55% below HPI

CORNERSTONES 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 CORNERSTONES sales from April 2020 and April 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 April 2020 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the April 2021 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is CORNERSTONES?

CORNERSTONES is 333m² according to the EPC inspection conducted in February 2021. This puts it in the largest 10% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where CORNERSTONES lies on this distribution: 99% of detached houses are smaller than CORNERSTONES, and 1% of houses are larger. Note that EPC data is not available for all properties in Launceston.

CORNERSTONES: Plot and Title Map

CORNERSTONES sits on a plot of roughly 0.237 of an acre, or 958m². The below map shows the location of CORNERSTONES, 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 CORNERSTONES). 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 CORNERSTONES?

CORNERSTONES is located on TREBURSYE ROAD in LAUNCESTON, in the PL15 postcode district. The below map shows the position of CORNERSTONES on TREBURSYE ROAD.