3, OLD WOODA, WOODA LANE, LAUNCESTON, PL15 8HH - £216,000

3 OLD WOODA is a midsized extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £216,000 in June 2019, which was around 35% below the average June 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

3 OLD WOODA Sold Prices

Land registry data shows four sales for 3 OLD WOODA 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. All of the four 3 OLD WOODA sales were for below 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
2019 26 JUN	£216,000	£329,773	35% below HPI
2011 23 SEP	£180,000	£274,568	34% below HPI
2007 7 SEP	£225,000	£300,052	25% below HPI
2003 7 FEB	£138,000	£197,969	30% below HPI

3 OLD WOODA 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 3 OLD WOODA sales between February 2003 and June 2019 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 September 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 OLD WOODA?

3 OLD WOODA is 115m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 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 3 OLD WOODA lies on this distribution: 47% of detached houses are smaller than 3 OLD WOODA, and 53% of houses are larger. Note that EPC data is not available for all properties in Launceston.

3 OLD WOODA: Plot and Title Map

3 OLD WOODA sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 3 OLD WOODA, 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 OLD WOODA). 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 OLD WOODA?

3 OLD WOODA is located on WOODA LANE in LAUNCESTON, in the PL15 postcode district. The below map shows the position of 3 OLD WOODA on WOODA LANE.