14, CHURCH LEA, LAUNCESTON, PL15 8QZ - £353,500

14 CHURCH LEA is a very large detached house of 178m², built sometime between 1991 and 1995. It was last sold for £353,500 in May 2018, which was around 8% above the average May 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

14 CHURCH LEA Sold Prices

Land registry data shows four sales for 14 CHURCH LEA 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. Most of the four 14 CHURCH LEA 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
2018 21 MAY	£353,500	£326,727	8% above HPI
2009 6 MAR	£247,000	£253,811	3% below HPI
2004 6 APR	£267,500	£233,419	15% above HPI
1995 28 SEP	£94,950	£70,014	36% above HPI

14 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 four 14 CHURCH LEA sales between September 1995 and May 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 March 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 14 CHURCH LEA?

14 CHURCH LEA is 178m² according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 14 CHURCH LEA lies on this distribution: 86% of detached houses are smaller than 14 CHURCH LEA, and 14% of houses are larger. Note that EPC data is not available for all properties in Launceston.

14 CHURCH LEA: Plot and Title Map

14 CHURCH LEA sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 14 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 14 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 14 CHURCH LEA?

14 CHURCH LEA is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 14 on CHURCH LEA.