North Petherwin, Launceston - PL15 8LR
Key Postcode Insights
PL15 8LR is a residential postcode situated on North Petherwin, Launceston, PL15 with 23 addresses.
It ranks as the 742nd largest and 755th 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 23 properties: 23 houses.
- Ave. Sale Price
- £504,168
- 10 Year change
- up 40.9%
- Ave. Rental Price
- £1,380pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 3.3%/year/yr
Key Postcode Insights
PL15 8LR is a residential postcode situated on North Petherwin, Launceston, PL15 with 23 addresses.
It ranks as the 742nd largest and 755th 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 23 properties: 23 houses.
- Ave. Sale Price
- £504,168
- 10 Year change
- up 40.9%
- Ave. Rental Price
- £1,380pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 3.3%/year/yr
Explore Propertiesin PL15 8LR
- 2 Barton Mews Launceston
3 Bed Modern House
- 3 Barton Mews Launceston
Unknown
- Church Barn
Unknown
- Coach House
4 Bed Period House
- Downgate
3 Bed Period House
Sales Market Trends
The last sale in PL15 8LR sold for £580,000 on 31st March 2026. Since then prices are up an average of 1.7%.
The current average value in the postcode is £504,168.
The PL15 8LR Sales Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £504,168 |
| June 2025 | -1.5% | £496,444 |
| June 2024 | -1.8% | £504,012 |
| June 2023 | 1.4% | £513,376 |
| June 2022 | 12.6% | £506,535 |
| June 2021 | 10.3% | £450,024 |
| June 2020 | -0.1% | £407,845 |
| June 2019 | 2.6% | £408,184 |
| June 2018 | 7.8% | £397,792 |
| June 2017 | 3.1% | £368,999 |
| June 2016 | 2.5% | £357,918 |
| June 2015 | 3% | £349,357 |
| June 2014 | 4.1% | £339,105 |
| June 2013 | 1% | £325,876 |
| June 2012 | -1.9% | £322,655 |
| June 2011 | -0.9% | £328,973 |
| June 2010 | 7.5% | £332,024 |
| June 2009 | -11.2% | £308,750 |
| June 2008 | -1.8% | £347,827 |
| June 2007 | 0% | £354,178 |
Rental Market Trends
The current average rental value in the postcode is £1,380.
The PL15 8LR Rental Market has increased by 60.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,380pcm |
| June 2025 | 6% | £1,316pcm |
| June 2024 | 3.3% | £1,242pcm |
| June 2023 | 4.4% | £1,202pcm |
| June 2022 | 12.8% | £1,152pcm |
| June 2021 | 8.5% | £1,021pcm |
| June 2020 | 1.8% | £942pcm |
| June 2019 | 1.6% | £925pcm |
| June 2018 | 2.3% | £911pcm |
| June 2017 | 3.3% | £891pcm |
| June 2016 | 2% | £862pcm |
| June 2015 | 1.3% | £846pcm |
| June 2014 | 3.8% | £835pcm |
| June 2013 | -0.3% | £804pcm |
| June 2012 | -0.7% | £807pcm |
| June 2011 | 2.2% | £812pcm |
| June 2010 | 7.3% | £795pcm |
| June 2009 | -8.7% | £741pcm |
| June 2008 | 2.4% | £811pcm |
| June 2007 | 0% | £792pcm |
Sales History
The last sale was on 31st March 2026 for £580,000 and since then the market in the area has increased by 1.7%. The postcode has had a total of 36 sales since 1995.
PL15 8LR has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£580,000 | 4 Bed HouseKoromiko, Launceston, PL15 8LRKoromiko, Launceston, PL15 8LR
- Sold May 2025£615,000 | 5 Bed HouseThe Old Granary, Launceston, PL15 8LRThe Old Granary, Launceston, PL15 8LR
- Sold Mar 2025£245,000 | 3 Bed House2 Barton Mews, Launceston, PL15 8LR2 Barton Mews, Launceston, PL15 8LR
- Sold Feb 2025£575,000 | 4 Bed HouseLower Chipmans Barn, Launceston, PL15 8LRLower Chipmans Barn, Launceston, PL15 8LR
- Sold Nov 2022£624,500 | 4 Bed HouseLittle Glebe, Launceston, PL15 8LRLittle Glebe, Launceston, PL15 8LR
Nearby Postcodes
PL15 8LR is the 742nd largest and the 755th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8QA, Dell Meadow, North Petherwin, Launceston, PL15PL15 8QA7 Addresses|440 m away
- PL15 8WJ, Church View, North Petherwin, Launceston, PL15PL15 8WJ9 Addresses|457 m away
- PL15 8RJ, Venton Close, Petherwin Gate, Launceston, PL15PL15 8RJ4 Addresses|492 m away
- PL15 8XE, The Orchard, Petherwin Gate, Launceston, PL15PL15 8XE9 Addresses|499 m away
- PL15 8LW, Petherwin Gate, Launceston, PL15PL15 8LW34 Addresses|520 m away
Property Types
- 5 period houses built between 1800 and 1911
- 10 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 6 other addresses of unknown type
- period house (5)
- modern house (10)
- mid-century house (1)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (0)
- C (7)
- G (0)
- D (5)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Mar 2025£887,000 | 5 Bed HouseStenhill Farm, Launceston, PL15 8NNStenhill Farm, Launceston, PL15 8NN
- Sold Jun 2020£680,000 | 5 Bed House1 Godcott Barns, Launceston, PL15 8NX1 Godcott Barns, Launceston, PL15 8NX
- Sold Jul 2022£670,000 | 4 Bed HouseWebworthy Cottage, Launceston, PL15 8NBWebworthy Cottage, Launceston, PL15 8NB
Schools Nearby
- North Petherwin School1.8 km away
- Egloskerry Primary School3.1 km away
- Werrington Community Primary School4.3 km away
- Launceston College8.0 km away
- Holsworthy Community College15.6 km away
- Budehaven Community School17.5 km away
More reading links
Public Transport Nearby
The closest station to PL15 8LR is Gunnislake station, which is 23.9 kilometres away.
- Gunnislake|23.9 km away
- Calstock|26.0 km away
- Liskeard|26.2 km away
- Coombe Junction Halt|26.4 km away
