FAIRVIEW HOUSE, TAVISTOCK ROAD, LAUNCESTON, PL15 9LE - £390,000

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

FAIRVIEW HOUSE is a very large extended detached house of 207m², built sometime between 1996 and 2002. It was last sold for £390,000 in July 2016, which was around 31% above the average July 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

FAIRVIEW HOUSE Sold Prices

Land registry data shows two sales for FAIRVIEW HOUSE 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 FAIRVIEW HOUSE 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
2016 27 JUL	£390,000	£297,479	31% above HPI
2004 13 FEB	£325,000	£228,443	42% above HPI

FAIRVIEW 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 two FAIRVIEW HOUSE sales from February 2004 and July 2016 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 2004 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2016 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is FAIRVIEW HOUSE?

FAIRVIEW HOUSE is 207m², which includes one extension, according to the EPC inspection conducted in August 2016. 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 FAIRVIEW HOUSE lies on this distribution: 93% of detached houses are smaller than FAIRVIEW HOUSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Launceston.

FAIRVIEW HOUSE: Plot and Title Map

FAIRVIEW HOUSE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of FAIRVIEW 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 FAIRVIEW 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 FAIRVIEW HOUSE?

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