Ridgegrove Lane - PL15 8EF
Key Postcode Insights
PL15 8EF is a residential postcode situated on Ridgegrove Lane, Launceston, PL15 with 17 addresses.
It ranks as the 647th largest and 412th most expensive of the 882 postcodes in the PL15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £287,333
- 10 Year change
- up 41.2%
- Ave. Rental Price
- £1,040pcm
- 10 Year change
- up 60.3%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
PL15 8EF is a residential postcode situated on Ridgegrove Lane, Launceston, PL15 with 17 addresses.
It ranks as the 647th largest and 412th most expensive of the 882 postcodes in the PL15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £287,333
- 10 Year change
- up 41.2%
- Ave. Rental Price
- £1,040pcm
- 10 Year change
- up 60.3%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin PL15 8EF
- Brooklyn
Unknown
- Foxfield
3 Bed Modern House
- Thistledown
4 Bed Modern House
- Tregaron
3 Bed Mid-century House
- 2 Ridgegrove Lane
Unknown
Sales Market Trends
The last sale in PL15 8EF sold for £320,000 on 1st November 2022. Since then prices are down an average of 0.2%.
The current average value in the postcode is £287,333.
The PL15 8EF Sales Market has increased by 41.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £287,333 |
| June 2025 | -1.1% | £280,976 |
| June 2024 | -1.3% | £284,133 |
| June 2023 | 1.8% | £287,834 |
| June 2022 | 12.4% | £282,769 |
| June 2021 | 9.6% | £251,513 |
| June 2020 | -0.9% | £229,387 |
| June 2019 | 2.4% | £231,477 |
| June 2018 | 7.7% | £225,965 |
| June 2017 | 3.1% | £209,751 |
| June 2016 | 2.2% | £203,430 |
| June 2015 | 3.1% | £199,109 |
| June 2014 | 3.9% | £193,211 |
| June 2013 | 2.6% | £185,936 |
| June 2012 | -2.3% | £181,205 |
| June 2011 | -1.8% | £185,438 |
| June 2010 | 7.2% | £188,874 |
| June 2009 | -12.2% | £176,204 |
| June 2008 | -3% | £200,692 |
| June 2007 | 0% | £206,897 |
Rental Market Trends
The current average rental value in the postcode is £1,040.
The PL15 8EF Rental Market has increased by 60.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £1,040pcm |
| June 2025 | 6.4% | £987pcm |
| June 2024 | 3.2% | £928pcm |
| June 2023 | 4.3% | £900pcm |
| June 2022 | 13.2% | £863pcm |
| June 2021 | 8% | £762pcm |
| June 2020 | 1.7% | £706pcm |
| June 2019 | 1.3% | £694pcm |
| June 2018 | 2% | £685pcm |
| June 2017 | 3.4% | £671pcm |
| June 2016 | 2.1% | £649pcm |
| June 2015 | 1% | £635pcm |
| June 2014 | 4% | £629pcm |
| June 2013 | 0.2% | £605pcm |
| June 2012 | -0.9% | £604pcm |
| June 2011 | 1.8% | £610pcm |
| June 2010 | 6.9% | £599pcm |
| June 2009 | -9.3% | £560pcm |
| June 2008 | 1.7% | £618pcm |
| June 2007 | 0% | £607pcm |
Sales History
The last sale was on 1st November 2022 for £320,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 23 sales since 1995.
PL15 8EF has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£320,000 | 3 Bed House14, Ridgegrove Lane, Launceston, PL15 8EF14, Ridgegrove Lane, Launceston, PL15 8EF
- Sold Mar 2022£285,000 | 4 Bed HouseThistledown, Ridgegrove Lane, Launceston, PL15 8EFThistledown, Ridgegrove Lane, Launceston, PL15 8EF
- Sold Jun 2021£535,000 | 5 Bed House24, Ridgegrove Lane, Launceston, PL15 8EF24, Ridgegrove Lane, Launceston, PL15 8EF
- Sold Jun 2021£190,000 | 3 Bed House8, Ridgegrove Lane, Launceston, PL15 8EF8, Ridgegrove Lane, Launceston, PL15 8EF
- Sold Apr 2017£161,000 | 4 Bed HouseThistledown, Ridgegrove Lane, Launceston, PL15 8EFThistledown, Ridgegrove Lane, Launceston, PL15 8EF
Nearby Postcodes
PL15 8EF is the 647th largest and the 412th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8EE, Ridgegrove Lane, Launceston, PL15PL15 8EE10 Addresses|54 m away
- PL15 8DY, Dutson Road, Launceston, PL15PL15 8DY21 Addresses|100 m away
- PL15 8DD, Cleaverfield Mews, Launceston, PL15PL15 8DD10 Addresses|113 m away
- PL15 8ED, Lower Cleaverfield, Launceston, PL15PL15 8ED14 Addresses|124 m away
- PL15 8XU, The Cleaves, Launceston, PL15PL15 8XU3 Addresses|142 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- period house (1)
- modern house (2)
- mid-century house (4)
- house (1)
- early-century house (3)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (1)
- F (1)
- C (1)
- G (0)
- D (4)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Jun 2021£535,000 | 5 Bed House24, Ridgegrove Lane, Launceston, PL15 8EF24, Ridgegrove Lane, Launceston, PL15 8EF
- Sold Mar 2021£415,000 | 5 Bed HouseAvalenn, Ridgegrove Lane, Launceston, PL15 8EEAvalenn, Ridgegrove Lane, Launceston, PL15 8EE
- Sold Mar 2018£412,500 | 5 Bed HouseAvalenn, Ridgegrove Lane, Launceston, PL15 8EEAvalenn, Ridgegrove Lane, Launceston, PL15 8EE
Schools Nearby
- St Stephens Community Academy600 m away
- Windmill Hill Academy1.0 km away
- St Catherine's CofE Primary School1.7 km away
- Launceston College1.5 km away
- Callington Community College15.6 km away
- Tavistock College18.5 km away
More reading links
Public Transport Nearby
The closest station to PL15 8EF is Gunnislake station, which is 17.3 kilometres away.
- Gunnislake|17.3 km away
- Calstock|19.4 km away
- Bere Alston|20.9 km away
- Liskeard|23.1 km away
