7, OVERTON VILLAS, LAUNCESTON, PL15 9AR - £240,000

7 OVERTON VILLAS is a midsized extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £240,000 in May 2021, which was around 36% below the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

7 OVERTON VILLAS Sold Prices

Land registry data shows two sales for 7 OVERTON VILLAS 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. Both of the two 7 OVERTON VILLAS 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
2021 28 MAY	£240,000	£375,609	36% below HPI
2002 25 APR	£21,752	£150,782	86% below HPI

7 OVERTON VILLAS 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 7 OVERTON VILLAS sales from April 2002 and May 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 April 2002 sale was for 86% below the HPI. So the extrapolation line tracks at 86% below the HPI over time, until the May 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 7 OVERTON VILLAS?

7 OVERTON VILLAS is 123m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 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 7 OVERTON VILLAS lies on this distribution: 56% of detached houses are smaller than 7 OVERTON VILLAS, and 44% of houses are larger. Note that EPC data is not available for all properties in Launceston.

7 OVERTON VILLAS: Plot and Title Map

7 OVERTON VILLAS sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 7 OVERTON VILLAS, 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 OVERTON VILLAS). 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 OVERTON VILLAS?

7 OVERTON VILLAS is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 7 on OVERTON VILLAS.