TORVIEW, TAVISTOCK ROAD, LAUNCESTON, PL15 9LE - £317,500

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

TORVIEW is a large detached house of 155m², built sometime between 1983 and 1990. It was last sold for £317,500 in October 2018, which was around 6% below the average October 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

TORVIEW Sold Prices

Land registry data shows two sales for TORVIEW 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 TORVIEW 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
2018 29 OCT	£317,500	£336,290	6% below HPI
2009 5 AUG	£209,000	£260,930	20% below HPI

TORVIEW 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 TORVIEW sales from August 2009 and October 2018 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 August 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is TORVIEW?

TORVIEW is 155m² according to the EPC inspection conducted in March 2012. This puts it in the largest 30% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where TORVIEW lies on this distribution: 77% of detached houses are smaller than TORVIEW, and 23% of houses are larger. Note that EPC data is not available for all properties in Launceston.

TORVIEW: Plot and Title Map

TORVIEW sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of TORVIEW, 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 TORVIEW). 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 TORVIEW?

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