WESTERN RAYS, DUNHEVED ROAD, LAUNCESTON, PL15 9JE - £400,000

WESTERN RAYS is a large detached house of 132m², built sometime between 1976 and 1982. It was last sold for £400,000 in May 2021, which was around 6% above the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

WESTERN RAYS Sold Prices

Land registry data shows two sales for WESTERN RAYS 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 WESTERN RAYS 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
2021 20 MAY	£400,000	£375,609	6% above HPI
1996 16 AUG	£73,500	£72,969	1% above HPI

WESTERN RAYS 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 WESTERN RAYS sales from August 1996 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 August 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is WESTERN RAYS?

WESTERN RAYS is 132m² according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where WESTERN RAYS lies on this distribution: 64% of detached houses are smaller than WESTERN RAYS, and 36% of houses are larger. Note that EPC data is not available for all properties in Launceston.

WESTERN RAYS: Plot and Title Map

WESTERN RAYS sits on a plot of roughly 0.222 of an acre, or 900m². The below map shows the location of WESTERN RAYS, 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 WESTERN RAYS). 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 WESTERN RAYS?

WESTERN RAYS is located on DUNHEVED ROAD in LAUNCESTON, in the PL15 postcode district. The below map shows the position of WESTERN RAYS on DUNHEVED ROAD.