WILLOWBROOK, ROYDON ROAD, LAUNCESTON, PL15 8DN - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WILLOWBROOK is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £340,000 in September 2022, which was around 25% below the average September 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

WILLOWBROOK Sold Prices

Land registry data shows four sales for WILLOWBROOK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four WILLOWBROOK 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
2022 1 SEP	£340,000	£450,467	25% below HPI
2009 23 OCT	£190,000	£260,752	27% below HPI
2006 30 MAR	£217,500	£259,241	16% below HPI
2003 7 MAY	£175,000	£205,598	15% below HPI

WILLOWBROOK 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 four WILLOWBROOK sales between May 2003 and September 2022 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 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is WILLOWBROOK?

WILLOWBROOK is 118m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 50% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where WILLOWBROOK lies on this distribution: 51% of detached houses are smaller than WILLOWBROOK, and 47% of houses are larger. Note that EPC data is not available for all properties in Launceston.

WILLOWBROOK: Plot and Title Map

WILLOWBROOK sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of WILLOWBROOK, 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 WILLOWBROOK). 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 WILLOWBROOK?

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