4, DUKE TERRACE, LAUNCESTON, PL15 8HJ - £325,000

4 DUKE TERRACE is a small extended detached house of 99m², built sometime before 1900. It was last sold for £325,000 in February 2017, which was around 6% above the average February 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

4 DUKE TERRACE Sold Prices

Land registry data shows three sales for 4 DUKE TERRACE 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. One of the three 4 DUKE TERRACE sales was for above the average price, whilst two 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
2017 17 FEB	£325,000	£308,028	6% above HPI
2013 22 FEB	£239,000	£266,912	10% below HPI
2006 27 FEB	£245,000	£255,859	4% below HPI

4 DUKE TERRACE 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 4 DUKE TERRACE sales between February 2006 and February 2017 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 February 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 4 DUKE TERRACE?

4 DUKE TERRACE is 99m², which includes two extensions, according to the EPC inspection conducted in August 2014. 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 4 DUKE TERRACE lies on this distribution: 31% of detached houses are smaller than 4 DUKE TERRACE, and 69% of houses are larger. Note that EPC data is not available for all properties in Launceston.

4 DUKE TERRACE: Plot and Title Map

4 DUKE TERRACE sits on a plot of roughly 0.226 of an acre, or 917m². The below map shows the location of 4 DUKE TERRACE, 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 4 DUKE TERRACE). 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 4 DUKE TERRACE?

4 DUKE TERRACE is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 4 on DUKE TERRACE.