WINDMILL HOUSE, WINDMILL HILL, LAUNCESTON, PL15 9AG - £318,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WINDMILL HOUSE is a large extended detached house of 137m², built sometime between 1930 and 1949, which could now be worth an estimated £486,884. It was last sold for £318,000 in July 2014, which was around 11% above the average July 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

WINDMILL HOUSE Sold Prices

Land registry data shows four sales for WINDMILL HOUSE 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 WINDMILL HOUSE 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
2014 31 JUL	£318,000	£285,570	11% above HPI
2011 17 OCT	£290,000	£278,973	4% above HPI
2009 3 DEC	£277,500	£270,396	3% above HPI
2006 1 DEC	£320,000	£284,469	12% above HPI

WINDMILL HOUSE 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 WINDMILL HOUSE sales between December 2006 and July 2014 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 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2014 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might WINDMILL HOUSE be worth now?

WINDMILL HOUSE might now be worth an estimated £486,884.

This is based on house price inflation of 53.1%, between July 2014 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 53.1% inflationary increase is applied to the most recent sale price for WINDMILL HOUSE of £318,000 on 31st July 2014. For the value to have increased from £318,000 to £486,884 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of WINDMILL HOUSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2014 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of WINDMILL HOUSE has not materially changed since July 2014.

How Large is WINDMILL HOUSE?

WINDMILL HOUSE is 137m², which includes two extensions, according to the EPC inspection conducted in January 2009. This puts it in the largest 40% 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 WINDMILL HOUSE lies on this distribution: 68% of detached houses houses are smaller than WINDMILL HOUSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Launceston.

WINDMILL HOUSE: Plot and Title Map

WINDMILL HOUSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of WINDMILL HOUSE, 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 WINDMILL HOUSE). 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 WINDMILL HOUSE?

WINDMILL HOUSE is located on WINDMILL HILL in LAUNCESTON, in the PL15 postcode district. The below map shows the position of WINDMILL HOUSE on WINDMILL HILL.