PARK DENE, DUNHEVED ROAD, LAUNCESTON, PL15 9JF - £220,000

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

PARK DENE is a midsized extended detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £345,995. It was last sold for £220,000 in November 2013, which was around 22% below the average November 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was C.

PARK DENE Sold Prices

Land registry data shows two sales for PARK DENE 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 PARK DENE 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
2013 15 NOV	£220,000	£282,318	22% below HPI
2008 10 OCT	£204,995	£284,720	28% below HPI

PARK DENE 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 PARK DENE sales from October 2008 and November 2013 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 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2013 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might PARK DENE be worth now?

PARK DENE might now be worth an estimated £345,995.

This is based on house price inflation of 57.3%, between November 2013 and December 2024, 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 57.3% inflationary increase is applied to the most recent sale price for PARK DENE of £220,000 on 15th November 2013. For the value to have increased from £220,000 to £345,995 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of PARK DENE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2013 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of PARK DENE has not materially changed since November 2013.

How Large is PARK DENE?

PARK DENE is 116m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 50% 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 PARK DENE lies on this distribution: 47% of detached houses houses are smaller than PARK DENE, and 53% of houses are larger. Note that EPC data is not available for all properties in Launceston.

PARK DENE: Plot and Title Map

PARK DENE sits on a plot of roughly 0.205 of an acre, or 830m². The below map shows the location of PARK DENE, 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 PARK DENE). 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 PARK DENE?

PARK DENE is located on DUNHEVED ROAD in LAUNCESTON, in the PL15 postcode district. The below map shows the position of PARK DENE on DUNHEVED ROAD.