DUCHY VALLEY, CHAPEL, LAUNCESTON, PL15 7BY - £196,500

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.

DUCHY VALLEY is a very small detached house of 91m², which could now be worth an estimated £250,627. It was last sold for £196,500 in January 2020, which was around 43% below the average January 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was B.

DUCHY VALLEY Sold Prices

Land registry data shows three sales for DUCHY VALLEY 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 DUCHY VALLEY 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
2020 31 JAN	£196,500	£345,881	43% below HPI
2017 7 NOV	£229,950	£328,873	30% below HPI
2010 25 MAR	£190,000	£278,102	32% below HPI

DUCHY VALLEY 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 DUCHY VALLEY sales between March 2010 and January 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 November 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might DUCHY VALLEY be worth now?

DUCHY VALLEY might now be worth an estimated £250,627.

This is based on house price inflation of 27.5%, between January 2020 and March 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 27.5% inflationary increase is applied to the most recent sale price for DUCHY VALLEY of £196,500 on 31st January 2020. For the value to have increased from £196,500 to £250,627 over the four years and ten months to March 2025, the following assumptions must hold true:

• The value of DUCHY VALLEY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2020 sale price of £196,500 represented a fair market value for the property.
• The size, condition, and specification of DUCHY VALLEY has not materially changed since January 2020.

How Large is DUCHY VALLEY?

DUCHY VALLEY is 91m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% 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 DUCHY VALLEY lies on this distribution: 20% of detached houses houses are smaller than DUCHY VALLEY, and 80% of houses are larger. Note that EPC data is not available for all properties in Launceston.

DUCHY VALLEY: Plot and Title Map

DUCHY VALLEY sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of DUCHY VALLEY, 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 DUCHY VALLEY). 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 DUCHY VALLEY?

DUCHY VALLEY is located in CHAPEL, in the PL15 postcode district. The below map shows the position of DUCHY VALLEY in CHAPEL.