7, LAUNCESTON ROAD, BODMIN, PL31 2AL - £248,000

7 LAUNCESTON ROAD is a small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £248,000 in September 2018, which was around 26% below the average September 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

7 LAUNCESTON ROAD Sold Prices

Land registry data shows three sales for 7 LAUNCESTON ROAD 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. All of the three 7 LAUNCESTON ROAD 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
2018 18 SEP	£248,000	£335,524	26% below HPI
2001 1 JUN	£87,000	£128,100	32% below HPI
1998 1 JUL	£62,500	£90,125	31% below HPI

7 LAUNCESTON 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 three 7 LAUNCESTON ROAD sales between July 1998 and September 2018 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 June 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 7 LAUNCESTON ROAD?

7 LAUNCESTON ROAD is 89m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Bodmin, based on EPC data. The below chart shows the distribution of detached houses by size in Bodmin, and where 7 LAUNCESTON ROAD lies on this distribution: 25% of detached houses are smaller than 7 LAUNCESTON ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Bodmin.

7 LAUNCESTON ROAD: Plot and Title Map

7 LAUNCESTON ROAD sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 7 LAUNCESTON 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 7 LAUNCESTON 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 7 LAUNCESTON ROAD?

7 LAUNCESTON ROAD is located in BODMIN, in the PL31 postcode district. The below map shows the position of No. 7 on LAUNCESTON ROAD.