12, CHURCH LEA, LAUNCESTON, PL15 8QZ - £271,000

12 CHURCH LEA is a midsized extended detached house of 123m², built sometime between 1991 and 1995. It was last sold for £271,000 in June 2014, which was around 2% below the average June 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

12 CHURCH LEA Sold Prices

Land registry data shows two sales for 12 CHURCH LEA 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. One of the two 12 CHURCH LEA sales was for below the average price, whilst the other was 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 19 JUN	£271,000	£277,730	2% below HPI
1995 16 JUN	£92,950	£70,749	31% above HPI

12 CHURCH LEA 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 12 CHURCH LEA sales from June 1995 and June 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 June 1995 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 12 CHURCH LEA?

12 CHURCH LEA is 123m², which includes two extensions, according to the EPC inspection conducted in July 2014. 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 12 CHURCH LEA lies on this distribution: 56% of detached houses are smaller than 12 CHURCH LEA, and 44% of houses are larger. Note that EPC data is not available for all properties in Launceston.

12 CHURCH LEA: Plot and Title Map

12 CHURCH LEA sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 12 CHURCH LEA, 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 12 CHURCH LEA). 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 12 CHURCH LEA?

12 CHURCH LEA is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 12 on CHURCH LEA.