2, CHERRY WAY, LAUNCESTON, PL15 9GR - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CHERRY WAY is a small detached house of 111m², built in 2018, which could now be worth an estimated £316,041. It was last sold for £250,000 in March 2018, which was around 25% below the average March 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

2 CHERRY WAY Sold Prices

Land registry data shows one sale for 2 CHERRY WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 1 MAR	£250,000	£333,621	25% below HPI

What might 2 CHERRY WAY be worth now?

2 CHERRY WAY might now be worth an estimated £316,041.

This is based on house price inflation of 26.4%, between March 2018 and July 2026, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.4% inflationary increase is applied to the most recent sale price for 2 CHERRY WAY of £250,000 on 1st March 2018. For the value to have increased from £250,000 to £316,041 over the seven years and eight months to July 2026, the following assumptions must hold true:

• The value of 2 CHERRY WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERRY WAY has not materially changed since March 2018.

How Large is 2 CHERRY WAY?

2 CHERRY WAY is 111m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses in Withnoe, based on EPC data. The below chart shows the distribution of detached houses by size in Withnoe, and where 2 CHERRY WAY lies on this distribution: 40% of detached houses are smaller than 2 CHERRY WAY, and 58% of detached houses are larger. Note that EPC data is not available for all properties in Withnoe.

2 CHERRY WAY: Plot

2 CHERRY WAY sits on a plot of roughly 0.054 of an acre, or 218m².

Where is 2 CHERRY WAY?

2 CHERRY WAY is located in LAUNCESTON, in the PL15 postcode district.