18, CHURCH LEA, LAUNCESTON, PL15 8QZ - £335,000

18 CHURCH LEA is a large extended detached house of 141m², built sometime between 1991 and 1995. It was last sold for £335,000 in December 2016, which was around 9% above the average December 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

18 CHURCH LEA Sold Prices

Land registry data shows four sales for 18 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 18 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
2016 13 DEC	£335,000	£307,260	9% above HPI
2009 11 DEC	£240,000	£266,202	10% below HPI
1998 23 APR	£110,000	£86,256	28% above HPI
1995 15 DEC	£93,950	£70,878	33% above HPI

18 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 18 CHURCH LEA sales between December 1995 and December 2016 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 December 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2016 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 18 CHURCH LEA?

18 CHURCH LEA is 141m², which includes two extensions, according to the EPC inspection conducted in September 2009. This puts it in the largest 40% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 18 CHURCH LEA lies on this distribution: 69% of detached houses are smaller than 18 CHURCH LEA, and 31% of houses are larger. Note that EPC data is not available for all properties in Launceston.

18 CHURCH LEA: Plot and Title Map

18 CHURCH LEA sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 18 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 18 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 18 CHURCH LEA?

18 CHURCH LEA is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 18 on CHURCH LEA.