LESEDNA, NORTH HILL, LAUNCESTON, PL15 7PQ - £262,000

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

LESEDNA is a small detached house of 94m², built sometime between 1976 and 1982. It was last sold for £262,000 in May 2016, which was around 14% below the average May 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

LESEDNA Sold Prices

Land registry data shows three sales for LESEDNA 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 LESEDNA 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
2016 27 MAY	£262,000	£304,401	14% below HPI
2013 8 OCT	£110,000	£277,618	60% below HPI
2001 6 JUL	£95,000	£128,745	26% below HPI

LESEDNA 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 LESEDNA sales between July 2001 and May 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 October 2013 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the May 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is LESEDNA?

LESEDNA is 94m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses in North Hill, based on EPC data. The below chart shows the distribution of detached houses by size in North Hill, and where LESEDNA lies on this distribution: 31% of detached houses are smaller than LESEDNA, and 69% of houses are larger. Note that EPC data is not available for all properties in North Hill.

LESEDNA: Plot and Title Map

LESEDNA sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of LESEDNA, 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 LESEDNA). 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 LESEDNA?

LESEDNA is located in NORTH HILL, in the PL15 postcode district. The below map shows the position of LESEDNA in NORTH HILL.