COLERIDGE, MOUNT MADFORD, LAUNCESTON, PL15 9AS - £148,000

COLERIDGE is a very small extended semi-detached house of 89m², built sometime between 1967 and 1975. It was last sold for £148,000 in February 2016, which was around 51% below the average February 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

COLERIDGE Sold Prices

Land registry data shows two sales for COLERIDGE 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 COLERIDGE 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
2016 22 FEB	£148,000	£301,849	51% below HPI
1999 19 AUG	£51,000	£98,105	48% below HPI

COLERIDGE 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 COLERIDGE sales from August 1999 and February 2016 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 August 1999 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2016 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is COLERIDGE?

COLERIDGE is 89m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where COLERIDGE lies on this distribution: 19% of detached houses are smaller than COLERIDGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Launceston.

COLERIDGE: Plot and Title Map

COLERIDGE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of COLERIDGE, 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 COLERIDGE). 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 COLERIDGE?

COLERIDGE is located on MOUNT MADFORD in LAUNCESTON, in the PL15 postcode district. The below map shows the position of COLERIDGE on MOUNT MADFORD.