MOORVILLA, DOCKACRE ROAD, LAUNCESTON, PL15 8BW - £606,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MOORVILLA is a very large extended detached house of 206m², built sometime between 1983 and 1990, which could now be worth an estimated £593,390. It was last sold for £606,500 in May 2023, which was around 36% above the average May 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

MOORVILLA Sold Prices

Land registry data shows two sales for MOORVILLA 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 MOORVILLA 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
2023 12 MAY	£606,500	£446,891	36% above HPI
1998 29 JUN	£149,500	£89,781	67% above HPI

MOORVILLA 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 MOORVILLA sales from June 1998 and May 2023 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 June 1998 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the May 2023 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might MOORVILLA be worth now?

MOORVILLA might now be worth an estimated £593,390.

This is based on house price deflation of 2.2%, between May 2023 and February 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 2.2% deflationary decrease is applied to the most recent sale price for MOORVILLA of £606,500 on 12th May 2023. For the value to have decreased from £606,500 to £593,390 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of MOORVILLA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2023 sale price of £606,500 represented a fair market value for the property.
• The size, condition, and specification of MOORVILLA has not materially changed since May 2023.

How Large is MOORVILLA?

MOORVILLA is 206m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% 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 MOORVILLA lies on this distribution: 92% of detached houses houses are smaller than MOORVILLA, and 8% of houses are larger. Note that EPC data is not available for all properties in Launceston.

MOORVILLA: Plot and Title Map

MOORVILLA sits on a plot of roughly 0.453 of an acre, or 1,832m². The below map shows the location of MOORVILLA, 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 MOORVILLA). 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 MOORVILLA?

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