Five Lanes, Launceston - PL15 7RX
Key Postcode Insights
PL15 7RX is a residential postcode situated on Five Lanes, Launceston, PL15 with 38 addresses.
It ranks as the 837th largest and 345th most expensive of the 882 postcodes in the PL15 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 38 properties: 36 houses and 2 flats.
- Ave. Sale Price
- £275,632
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £1,025pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £245/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
PL15 7RX is a residential postcode situated on Five Lanes, Launceston, PL15 with 38 addresses.
It ranks as the 837th largest and 345th most expensive of the 882 postcodes in the PL15 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 38 properties: 36 houses and 2 flats.
- Ave. Sale Price
- £275,632
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £1,025pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £245/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin PL15 7RX
- 1 Corner Park Launceston
3 Bed Modern House
- 1 The Row Launceston
3 Bed Period House
- 10 Corner Park Launceston
3 Bed Modern House
- 2 Corner Park Launceston
Unknown
- 2 The Row Launceston
3 Bed Period House
Sales Market Trends
The last sale in PL15 7RX sold for £295,000 on 18th December 2025. Since then prices are up an average of 3.8%.
The current average value in the postcode is £275,632.
The PL15 7RX Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £275,632 |
| June 2025 | -0.6% | £271,039 |
| June 2024 | -1.2% | £272,538 |
| June 2023 | -0.3% | £275,891 |
| June 2022 | 12.3% | £276,719 |
| June 2021 | 10.3% | £246,311 |
| June 2020 | 1.2% | £223,268 |
| June 2019 | 2.5% | £220,646 |
| June 2018 | 5.1% | £215,306 |
| June 2017 | 2.4% | £204,833 |
| June 2016 | 3.3% | £199,976 |
| June 2015 | 2.3% | £193,635 |
| June 2014 | 3.2% | £189,198 |
| June 2013 | 0.4% | £183,420 |
| June 2012 | -1.1% | £182,651 |
| June 2011 | -1.4% | £184,645 |
| June 2010 | 6% | £187,256 |
| June 2009 | -10.8% | £176,686 |
| June 2008 | -2.3% | £198,095 |
| June 2007 | 0% | £202,714 |
Rental Market Trends
The current average rental value in the postcode is £1,025.
The PL15 7RX Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.2% | £1,025pcm |
| June 2025 | 5.7% | £974pcm |
| June 2024 | 3.7% | £921pcm |
| June 2023 | 4.5% | £889pcm |
| June 2022 | 12.1% | £850pcm |
| June 2021 | 7.6% | £759pcm |
| June 2020 | 1.9% | £705pcm |
| June 2019 | 1.3% | £692pcm |
| June 2018 | 1.4% | £683pcm |
| June 2017 | 2.6% | £673pcm |
| June 2016 | 1.7% | £656pcm |
| June 2015 | 1.1% | £645pcm |
| June 2014 | 3.3% | £639pcm |
| June 2013 | 0.1% | £618pcm |
| June 2012 | -0.7% | £617pcm |
| June 2011 | 1.7% | £622pcm |
| June 2010 | 5.6% | £611pcm |
| June 2009 | -9% | £579pcm |
| June 2008 | 2.5% | £636pcm |
| June 2007 | 0% | £620pcm |
Sales History
The last sale was on 18th December 2025 for £295,000 and since then the market in the area has increased by 3.8%. The postcode has had a total of 42 sales since 1995.
PL15 7RX has seen 5 sales in the last three years and 2 sales in the last twelve months.
- Sold Dec 2025£295,000 | 3 Bed House5 Corner Park, Launceston, PL15 7RX5 Corner Park, Launceston, PL15 7RX
- Sold Dec 2025£190,000 | 3 Bed HouseLaurel House, Launceston, PL15 7RXLaurel House, Launceston, PL15 7RX
- Sold Dec 2024£200,000 | 3 Bed HouseEnys An Heul, Launceston, PL15 7RXEnys An Heul, Launceston, PL15 7RX
- Sold Jun 2024£340,000 | 4 Bed HousePenmoor, Launceston, PL15 7RXPenmoor, Launceston, PL15 7RX
- Sold Mar 2024£245,000 | 3 Bed House1 The Row, Launceston, PL15 7RX1 The Row, Launceston, PL15 7RX
Nearby Postcodes
PL15 7RX is the 837th largest and the 345th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 7QZ, Thorn Close, Five Lanes, Launceston, PL15PL15 7QZ8 Addresses|66 m away
- PL15 7RY, Penpont View, Altarnun, Launceston, PL15PL15 7RY39 Addresses|97 m away
- PL15 7RQ, Fair Field Park, Five Lanes, Launceston, PL15PL15 7RQ24 Addresses|128 m away
- PL15 7GG, Farriers Close, Altarnun, Launceston, PL15PL15 7GG12 Addresses|175 m away
- PL15 7RZ, Altarnun, Launceston, PL15PL15 7RZ7 Addresses|179 m away
Property Types
- 14 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 7 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 12 other addresses of unknown type
- period house (14)
- period flat (2)
- modern house (7)
- mid-century house (2)
- house (1)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is E.
- A (0)
- E (9)
- B (0)
- F (7)
- C (0)
- G (1)
- D (6)
- No EPC (15)
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 School200 m away
- Lewannick Community Primary School5.0 km away
- Egloskerry Primary School7.5 km away
- Launceston College11.3 km away
- Sir James Smith's School12.6 km away
- Liskeard School and Community College16.0 km away
More reading links
Public Transport Nearby
The closest station to PL15 7RX is Liskeard station, which is 17.2 kilometres away.
- Liskeard|17.2 km away
- Coombe Junction Halt|17.2 km away
- St Keyne Wishing Well Halt|19.9 km away
- Bodmin Parkway|20.2 km away
