Five Lanes, Launceston - PL15 7RP
Key Postcode Insights
PL15 7RP is a residential postcode situated on Five Lanes, Launceston, PL15 with 3 addresses.
It ranks as the 121st largest and 778th most expensive of the 882 postcodes in the PL15 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £520,746
- 10 Year change
- up 41.3%
- Ave. Rental Price
- £1,532pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £504/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
PL15 7RP is a residential postcode situated on Five Lanes, Launceston, PL15 with 3 addresses.
It ranks as the 121st largest and 778th most expensive of the 882 postcodes in the PL15 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £520,746
- 10 Year change
- up 41.3%
- Ave. Rental Price
- £1,532pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £504/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Explore Propertiesin PL15 7RP
Sales Market Trends
The current average value in the postcode is £520,746.
The PL15 7RP Sales Market has increased by 41.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £520,746 |
| June 2025 | -0.6% | £513,049 |
| June 2024 | -1.4% | £516,357 |
| June 2023 | -0.1% | £523,629 |
| June 2022 | 12.7% | £523,924 |
| June 2021 | 11% | £464,821 |
| June 2020 | 1.1% | £418,666 |
| June 2019 | 2.9% | £414,017 |
| June 2018 | 5.8% | £402,311 |
| June 2017 | 3.1% | £380,212 |
| June 2016 | 3.6% | £368,621 |
| June 2015 | 2.7% | £355,875 |
| June 2014 | 3.5% | £346,506 |
| June 2013 | 0% | £334,660 |
| June 2012 | -0.7% | £334,520 |
| June 2011 | -0.9% | £336,854 |
| June 2010 | 7.4% | £340,068 |
| June 2009 | -10% | £316,591 |
| June 2008 | -2% | £351,936 |
| June 2007 | 0% | £358,992 |
Rental Market Trends
The current average rental value in the postcode is £1,532.
The PL15 7RP Rental Market has increased by 60.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £1,532pcm |
| June 2025 | 5.7% | £1,458pcm |
| June 2024 | 3.5% | £1,380pcm |
| June 2023 | 4.7% | £1,334pcm |
| June 2022 | 12.4% | £1,273pcm |
| June 2021 | 8.3% | £1,132pcm |
| June 2020 | 1.9% | £1,046pcm |
| June 2019 | 1.7% | £1,027pcm |
| June 2018 | 2.1% | £1,009pcm |
| June 2017 | 3.3% | £988pcm |
| June 2016 | 2% | £957pcm |
| June 2015 | 1.4% | £938pcm |
| June 2014 | 3.7% | £925pcm |
| June 2013 | -0.3% | £892pcm |
| June 2012 | -0.3% | £894pcm |
| June 2011 | 2.2% | £897pcm |
| June 2010 | 7% | £877pcm |
| June 2009 | -8.3% | £820pcm |
| June 2008 | 2.8% | £894pcm |
| June 2007 | 0% | £869pcm |
Nearby Postcodes
PL15 7RP is the 121st largest and the 778th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 7RQ, Fair Field Park, Five Lanes, Launceston, PL15PL15 7RQ24 Addresses|525 m away
- PL15 7RZ, Altarnun, Launceston, PL15PL15 7RZ7 Addresses|583 m away
- PL15 7RG, Hendra Tor View, Five Lanes, Launceston, PL15PL15 7RG11 Addresses|610 m away
- PL15 7QZ, Thorn Close, Five Lanes, Launceston, PL15PL15 7QZ8 Addresses|617 m away
- PL15 7RX, Five Lanes, Launceston, PL15PL15 7RX38 Addresses|650 m away
Property Types
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- early-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is F.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jun 2024£340,000 | 4 Bed HousePenmoor, Launceston, PL15 7RXPenmoor, Launceston, PL15 7RX
- Sold Jun 2021£315,000 | 3 Bed HouseCopperbeech House, Launceston, PL15 7RXCopperbeech House, Launceston, PL15 7RX
- Sold Dec 2025£295,000 | 3 Bed House5 Corner Park, Launceston, PL15 7RX5 Corner Park, Launceston, PL15 7RX
Schools Nearby
- Altarnun Primary School600 m away
- Lewannick Community Primary School4.4 km away
- Tregadillett Primary School7.3 km away
- Launceston College10.8 km away
- Sir James Smith's School13.2 km away
- Liskeard School and Community College15.7 km away
More reading links
Public Transport Nearby
The closest station to PL15 7RP is Liskeard station, which is 16.9 kilometres away.
- Liskeard|16.9 km away
- Coombe Junction Halt|17.0 km away
- St Keyne Wishing Well Halt|19.6 km away
- Menheniot|20.1 km away