40, WESTERN ROAD, LAUNCESTON, PL15 7AU - £325,000

40 WESTERN ROAD is a large extended detached house of 155m², built sometime between 1950 and 1966. It was last sold for £325,000 in February 2021, which was around 14% below the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

40 WESTERN ROAD Sold Prices

Land registry data shows five sales for 40 WESTERN ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the five 40 WESTERN ROAD 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
2021 24 FEB	£325,000	£378,711	14% below HPI
2006 29 SEP	£292,500	£275,675	6% above HPI
2003 12 NOV	£245,000	£223,739	10% above HPI
2001 13 JUL	£160,000	£128,745	24% above HPI
1996 18 JUN	£57,000	£71,323	20% below HPI

40 WESTERN ROAD 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 five 40 WESTERN ROAD sales between June 1996 and February 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 September 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 40 WESTERN ROAD?

40 WESTERN ROAD is 155m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where 40 WESTERN ROAD lies on this distribution: 77% of detached houses are smaller than 40 WESTERN ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Launceston.

40 WESTERN ROAD: Plot and Title Map

40 WESTERN ROAD sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 40 WESTERN ROAD, 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 40 WESTERN ROAD). 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 40 WESTERN ROAD?

40 WESTERN ROAD is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 40 on WESTERN ROAD.