North Petherwin, Launceston - PL15 8LT
Key Postcode Insights
PL15 8LT is a residential postcode situated on North Petherwin, Launceston, PL15 with 12 addresses.
It ranks as the 536th largest and 626th 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 12 properties: 9 houses and 3 flats.
- Ave. Sale Price
- £355,627
- 10 Year change
- up 37.5%
- Ave. Rental Price
- £1,102pcm
- 10 Year change
- up 56.3%
- Ave. £ per ft²
- £229/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
PL15 8LT is a residential postcode situated on North Petherwin, Launceston, PL15 with 12 addresses.
It ranks as the 536th largest and 626th 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 12 properties: 9 houses and 3 flats.
- Ave. Sale Price
- £355,627
- 10 Year change
- up 37.5%
- Ave. Rental Price
- £1,102pcm
- 10 Year change
- up 56.3%
- Ave. £ per ft²
- £229/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin PL15 8LT
- Billacot
Building | 2 Flats
- Billacott
Building | 4 Flats
- Billacott Farm
5 Bed Early-century House
- Billacott Hill Cottage
Unknown
- Lower Billacott Farm
Building | 2 Flats
Sales Market Trends
The last sale in PL15 8LT sold for £342,500 on 30th September 2025. Since then prices are down an average of 2.3%.
The current average value in the postcode is £355,627.
The PL15 8LT Sales Market has increased by 37.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £355,627 |
| June 2025 | -2% | £350,108 |
| June 2024 | -1.6% | £357,413 |
| June 2023 | 1.2% | £363,314 |
| June 2022 | 11.6% | £358,977 |
| June 2021 | 10% | £321,772 |
| June 2020 | 0.1% | £292,404 |
| June 2019 | 2.5% | £292,242 |
| June 2018 | 7.4% | £285,015 |
| June 2017 | 2.6% | £265,261 |
| June 2016 | 2.1% | £258,645 |
| June 2015 | 3% | £253,262 |
| June 2014 | 3.7% | £245,804 |
| June 2013 | 0.5% | £236,932 |
| June 2012 | -1.8% | £235,740 |
| June 2011 | -0.8% | £240,062 |
| June 2010 | 6.9% | £241,886 |
| June 2009 | -11.2% | £226,358 |
| June 2008 | -1.5% | £255,048 |
| June 2007 | 0% | £258,886 |
Rental Market Trends
The current average rental value in the postcode is £1,102.
The PL15 8LT Rental Market has increased by 56.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,102pcm |
| June 2025 | 5.4% | £1,051pcm |
| June 2024 | 3.5% | £997pcm |
| June 2023 | 4.2% | £963pcm |
| June 2022 | 11.8% | £924pcm |
| June 2021 | 8.2% | £827pcm |
| June 2020 | 1.9% | £764pcm |
| June 2019 | 1.5% | £750pcm |
| June 2018 | 1.9% | £739pcm |
| June 2017 | 2.8% | £725pcm |
| June 2016 | 1.6% | £705pcm |
| June 2015 | 1.3% | £694pcm |
| June 2014 | 3.5% | £685pcm |
| June 2013 | -0.8% | £662pcm |
| June 2012 | -0.6% | £667pcm |
| June 2011 | 2.4% | £671pcm |
| June 2010 | 6.6% | £655pcm |
| June 2009 | -8.7% | £615pcm |
| June 2008 | 2.8% | £673pcm |
| June 2007 | 0% | £655pcm |
Sales History
The last sale was on 30th September 2025 for £342,500 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 5 sales since 1995.
PL15 8LT has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£342,500 | 4 Bed HouseAlm Lodge, Billacot, Launceston, PL15 8LTAlm Lodge, Billacot, Launceston, PL15 8LT
- Sold Aug 2022£400,000 | 4 Bed HouseAlm Lodge, Billacot, Launceston, PL15 8LTAlm Lodge, Billacot, Launceston, PL15 8LT
- Sold Dec 2001£156,000 | 4 Bed HouseBillacott Hill Cottage, Launceston, PL15 8LTBillacott Hill Cottage, Launceston, PL15 8LT
- Sold Jun 2000£109,500 | 4 Bed HouseBillacott Hill Cottage, Launceston, PL15 8LTBillacott Hill Cottage, Launceston, PL15 8LT
- Sold Mar 1998£67,000 | 4 Bed HouseBillacott Hill Cottage, Launceston, PL15 8LTBillacott Hill Cottage, Launceston, PL15 8LT
Nearby Postcodes
PL15 8LT is the 536th largest and the 626th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8NE, Brazacott, Launceston, PL15PL15 8NE16 Addresses|690 m away
- PL15 8LS, North Petherwin, Launceston, PL15PL15 8LS7 Addresses|966 m away
- PL15 8NA, North Petherwin, Launceston, PL15PL15 8NA17 Addresses|1.3 km away
- PL15 8NB, North Petherwin, Launceston, PL15PL15 8NB12 Addresses|1.5 km away
- PL15 8LU, North Petherwin, Launceston, PL15PL15 8LU3 Addresses|1.6 km away
Property Types
- 3 period houses built between 1800 and 1911
- 6 modern houses built after 1980
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- period house (3)
- modern house (6)
- early-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (2)
- C (3)
- G (1)
- D (0)
- No EPC (5)
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 School700 m away
- Egloskerry Primary School4.2 km away
- Warbstow Primary Academy5.3 km away
- Launceston College10.2 km away
- Holsworthy Community College15.6 km away
- Budehaven Community School15.8 km away
More reading links
Public Transport Nearby
The closest station to PL15 8LT is Gunnislake station, which is 26.0 kilometres away.
- Gunnislake|26.0 km away
- Liskeard|27.1 km away
- Coombe Junction Halt|27.2 km away
- Calstock|28.1 km away