3, MOUNT WISE, LAUNCESTON, PL15 9AT - £138,000

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.

3 MOUNT WISE is a small terraced house of 69m², built sometime between 1930 and 1949, which could now be worth an estimated £206,402. It was last sold for £138,000 in August 2006, which was around 10% below the average August 2006 terraced price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 MOUNT WISE Sold Prices

Land registry data shows one sale for 3 MOUNT WISE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2006 4 AUG	£138,000	£154,179	10% below HPI

What might 3 MOUNT WISE be worth now?

3 MOUNT WISE might now be worth an estimated £206,402.

This is based on house price inflation of 49.6%, between August 2006 and May 2026, for terraced 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 49.6% inflationary increase is applied to the most recent sale price for 3 MOUNT WISE of £138,000 on 4th August 2006. For the value to have increased from £138,000 to £206,402 over the twenty years and three months to May 2026, the following assumptions must hold true:

• The value of 3 MOUNT WISE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2006 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MOUNT WISE has not materially changed since August 2006.

How Large is 3 MOUNT WISE?

3 MOUNT WISE is 69m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of terraced houses in Launceston, based on EPC data. The below chart shows the distribution of terraced houses by size in Launceston, and where 3 MOUNT WISE lies on this distribution: 38% of terraced houses are smaller than 3 MOUNT WISE, and 60% of terraced houses are larger. Note that EPC data is not available for all properties in Launceston.

3 MOUNT WISE: Plot

3 MOUNT WISE sits on a plot of roughly 0.027 of an acre, or 111m².

Where is 3 MOUNT WISE?

3 MOUNT WISE is located in LAUNCESTON, in the PL15 postcode district.