South Petherwin, Launceston - PL15 7LB
Key Postcode Insights
PL15 7LB is a residential postcode situated on South Petherwin, Launceston, PL15 with 2 addresses.
It ranks as the 62nd largest and 502nd most expensive of the 882 postcodes in the PL15 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £335,212
- 10 Year change
- up 41.5%
- Ave. Rental Price
- £1,118pcm
- 10 Year change
- up 60.6%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
PL15 7LB is a residential postcode situated on South Petherwin, Launceston, PL15 with 2 addresses.
It ranks as the 62nd largest and 502nd most expensive of the 882 postcodes in the PL15 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £335,212
- 10 Year change
- up 41.5%
- Ave. Rental Price
- £1,118pcm
- 10 Year change
- up 60.6%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Sales Market Trends
The last sale in PL15 7LB sold for £221,500 on 11th January 2017. Since then prices are up an average of 36.9%.
The current average value in the postcode is £335,212.
The PL15 7LB Sales Market has increased by 41.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £335,212 |
| June 2025 | -1.4% | £328,179 |
| June 2024 | -1.4% | £332,837 |
| June 2023 | 1.7% | £337,467 |
| June 2022 | 12.1% | £331,829 |
| June 2021 | 10% | £296,126 |
| June 2020 | -0.6% | £269,165 |
| June 2019 | 2.6% | £270,800 |
| June 2018 | 7.7% | £263,893 |
| June 2017 | 3.4% | £244,913 |
| June 2016 | 2.3% | £236,888 |
| June 2015 | 3.1% | £231,625 |
| June 2014 | 3.9% | £224,590 |
| June 2013 | 1.7% | £216,182 |
| June 2012 | -1.7% | £212,530 |
| June 2011 | -1.4% | £216,312 |
| June 2010 | 7.5% | £219,273 |
| June 2009 | -11.7% | £203,901 |
| June 2008 | -2.4% | £231,003 |
| June 2007 | 0% | £236,762 |
Rental Market Trends
The current average rental value in the postcode is £1,118.
The PL15 7LB Rental Market has increased by 60.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £1,118pcm |
| June 2025 | 6% | £1,062pcm |
| June 2024 | 3.2% | £1,002pcm |
| June 2023 | 4.4% | £971pcm |
| June 2022 | 12.8% | £930pcm |
| June 2021 | 8.2% | £825pcm |
| June 2020 | 1.8% | £762pcm |
| June 2019 | 1.6% | £749pcm |
| June 2018 | 2.2% | £737pcm |
| June 2017 | 3.6% | £721pcm |
| June 2016 | 2.1% | £696pcm |
| June 2015 | 1.2% | £682pcm |
| June 2014 | 3.9% | £674pcm |
| June 2013 | -0.4% | £648pcm |
| June 2012 | -0.5% | £651pcm |
| June 2011 | 2.2% | £654pcm |
| June 2010 | 7.2% | £640pcm |
| June 2009 | -8.8% | £597pcm |
| June 2008 | 2.3% | £655pcm |
| June 2007 | 0% | £640pcm |
Sales History
The last sale was on 11th January 2017 for £221,500 and since then the market in the area has increased by 36.9%. The postcode has had a total of 4 sales since 1995.
PL15 7LB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2017£221,500 | 3 Bed HouseNewden, Launceston, PL15 7LBNewden, Launceston, PL15 7LB
- Sold Sep 2003£175,000 | 4 Bed HouseEnfield House, Launceston, PL15 7LBEnfield House, Launceston, PL15 7LB
- Sold Oct 1999£115,000 | 4 Bed HouseEnfield House, Launceston, PL15 7LBEnfield House, Launceston, PL15 7LB
- Sold Aug 1997£81,500 | 4 Bed HouseEnfield House, Launceston, PL15 7LBEnfield House, Launceston, PL15 7LB
Nearby Postcodes
PL15 7LB is the 62nd largest and the 502nd most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 7TH, Trelinnoe Gardens, South Petherwin, Launceston, PL15PL15 7TH54 Addresses|77 m away
- PL15 7JZ, South Petherwin, Launceston, PL15PL15 7JZ30 Addresses|93 m away
- PL15 7LA, Paternus Close, South Petherwin, Launceston, PL15PL15 7LA5 Addresses|96 m away
- PL15 7LE, South Petherwin, Launceston, PL15PL15 7LE8 Addresses|132 m away
- PL15 7JY, Trelindon, South Petherwin, Launceston, PL15PL15 7JY7 Addresses|141 m away
Property Types
- 1 modern house built after 1980
- 1 other address of unknown type
- modern house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jun 2017£806,000 | 5 Bed HouseTreguddick Manor, Launceston, PL15 7JNTreguddick Manor, Launceston, PL15 7JN
- Sold Apr 2023£725,000 | 4 Bed HouseMowhay Barn, Launceston, PL15 7JLMowhay Barn, Launceston, PL15 7JL
- Sold May 2007£714,500 | 5 Bed HouseDenley Barn, Launceston, PL15 7LEDenley Barn, Launceston, PL15 7LE
Schools Nearby
- South Petherwin Community Primary School200 m away
- Tregadillett Primary School2.2 km away
- St Catherine's CofE Primary School2.5 km away
- Launceston College3.2 km away
- Callington Community College13.0 km away
- Liskeard School and Community College17.8 km away
More reading links
Public Transport Nearby
The closest station to PL15 7LB is Gunnislake station, which is 16.2 kilometres away.
- Gunnislake|16.2 km away
- Calstock|18.1 km away
- Liskeard|19.0 km away
- Bere Alston|19.5 km away
