20, CHURCH LEA, LAUNCESTON, PL15 8QZ - £305,000

20 CHURCH LEA is a small extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £305,000 in May 2021, which was around 19% below the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

20 CHURCH LEA Sold Prices

Land registry data shows three sales for 20 CHURCH LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 20 CHURCH LEA sales were for below the average price, whilst one 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
2021 5 MAY	£305,000	£375,609	19% below HPI
2013 7 MAY	£240,000	£268,817	11% below HPI
1995 30 NOV	£89,950	£71,243	26% above HPI

20 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 three 20 CHURCH LEA sales between November 1995 and May 2021 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 May 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 20 CHURCH LEA?

20 CHURCH LEA is 98m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 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 20 CHURCH LEA lies on this distribution: 30% of detached houses are smaller than 20 CHURCH LEA, and 70% of houses are larger. Note that EPC data is not available for all properties in Launceston.

20 CHURCH LEA: Plot and Title Map

20 CHURCH LEA sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 20 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 20 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 20 CHURCH LEA?

20 CHURCH LEA is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 20 on CHURCH LEA.