PENROSE HOUSE, TAVISTOCK ROAD, LAUNCESTON, PL15 9LE - £600,000

PENROSE HOUSE is a very large detached house of 203m². It was last sold for £600,000 in March 2022, which was around 41% above the average March 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was B.

PENROSE HOUSE Sold Prices

Land registry data shows two sales for PENROSE HOUSE 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 PENROSE HOUSE 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
2022 11 MAR	£600,000	£425,078	41% above HPI
2018 17 APR	£432,500	£323,926	34% above HPI

PENROSE HOUSE 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 PENROSE HOUSE sales from April 2018 and March 2022 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 2018 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2022 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is PENROSE HOUSE?

PENROSE HOUSE is 203m² according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where PENROSE HOUSE lies on this distribution: 92% of detached houses are smaller than PENROSE HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Launceston.

PENROSE HOUSE: Plot and Title Map

PENROSE HOUSE sits on a plot of roughly 1.2 acres, or 4,725m². The below map shows the location of PENROSE HOUSE, 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 PENROSE HOUSE). 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 PENROSE HOUSE?

PENROSE HOUSE is located on TAVISTOCK ROAD in LAUNCESTON, in the PL15 postcode district. The below map shows the position of PENROSE HOUSE on TAVISTOCK ROAD.