3, CHERRY WAY, LAUNCESTON, PL15 9GR - £408,000

3 CHERRY WAY is a very large detached house of 146m². It was last sold for £408,000 in December 2022, which was around 11% below the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

3 CHERRY WAY Sold Prices

Land registry data shows two sales for 3 CHERRY WAY 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 3 CHERRY WAY 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
2022 20 DEC	£408,000	£458,746	11% below HPI
2017 28 JUL	£320,000	£312,780	2% above HPI

3 CHERRY WAY 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 3 CHERRY WAY sales from July 2017 and December 2022 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 July 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 CHERRY WAY?

3 CHERRY WAY is 146m² according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses in Withnoe, based on EPC data. The below chart shows the distribution of detached houses by size in Withnoe, and where 3 CHERRY WAY lies on this distribution: 91% of detached houses are smaller than 3 CHERRY WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Withnoe.

3 CHERRY WAY: Plot and Title Map

3 CHERRY WAY sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 3 CHERRY WAY, 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 3 CHERRY WAY). 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 3 CHERRY WAY?

3 CHERRY WAY is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 3 on CHERRY WAY.