Maxworthy, Launceston - PL15 8LY
Key Postcode Insights
PL15 8LY is a residential postcode situated on Maxworthy, Launceston, PL15 with 17 addresses.
It ranks as the 649th largest and 381st most expensive of the 882 postcodes in the PL15 area.
The postcode contains a total of 17 properties: 14 houses and 3 flats.
- Ave. Sale Price
- £277,944
- 10 Year change
- up 37.5%
- Ave. Rental Price
- £1,036pcm
- 10 Year change
- up 56.3%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
PL15 8LY is a residential postcode situated on Maxworthy, Launceston, PL15 with 17 addresses.
It ranks as the 649th largest and 381st most expensive of the 882 postcodes in the PL15 area.
The postcode contains a total of 17 properties: 14 houses and 3 flats.
- Ave. Sale Price
- £277,944
- 10 Year change
- up 37.5%
- Ave. Rental Price
- £1,036pcm
- 10 Year change
- up 56.3%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin PL15 8LY
- Ferndale
4 Bed House
- Hillcrest
3 Bed Mid-century House
- Lavender Cottage
Unknown
- Lower Wheatley
Building  |  2 Flats
Sales Market Trends
The last sale in PL15 8LY sold for £510,000 on 25th June 2021. Since then prices are up an average of 11.6%.
The current average value in the postcode is £277,944.
The PL15 8LY Sales Market has increased by 37.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £277,944 |
| June 2025 | -2% | £273,630 |
| June 2024 | -1.6% | £279,340 |
| June 2023 | 1.2% | £283,952 |
| June 2022 | 11.6% | £280,562 |
| June 2021 | 10% | £251,484 |
| June 2020 | 0.1% | £228,532 |
| June 2019 | 2.5% | £228,405 |
| June 2018 | 7.4% | £222,757 |
| June 2017 | 2.6% | £207,318 |
| June 2016 | 2.1% | £202,147 |
| June 2015 | 3% | £197,940 |
| June 2014 | 3.7% | £192,111 |
| June 2013 | 0.5% | £185,177 |
| June 2012 | -1.8% | £184,245 |
| June 2011 | -0.8% | £187,623 |
| June 2010 | 6.9% | £189,049 |
| June 2009 | -11.2% | £176,913 |
| June 2008 | -1.5% | £199,335 |
| June 2007 | 0% | £202,335 |
Rental Market Trends
The current average rental value in the postcode is £1,036.
The PL15 8LY Rental Market has increased by 56.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,036pcm |
| June 2025 | 5.4% | £988pcm |
| June 2024 | 3.5% | £937pcm |
| June 2023 | 4.2% | £906pcm |
| June 2022 | 11.8% | £869pcm |
| June 2021 | 8.2% | £777pcm |
| June 2020 | 1.9% | £719pcm |
| June 2019 | 1.5% | £705pcm |
| June 2018 | 1.9% | £695pcm |
| June 2017 | 2.8% | £681pcm |
| June 2016 | 1.6% | £663pcm |
| June 2015 | 1.3% | £652pcm |
| June 2014 | 3.5% | £644pcm |
| June 2013 | -0.8% | £622pcm |
| June 2012 | -0.6% | £627pcm |
| June 2011 | 2.4% | £631pcm |
| June 2010 | 6.6% | £616pcm |
| June 2009 | -8.7% | £578pcm |
| June 2008 | 2.8% | £633pcm |
| June 2007 | 0% | £616pcm |
Sales History
The last sale was on 25th June 2021 for £510,000 and since then the market in the area has increased by 11.6%. The postcode has had a total of 6 sales since 1995.
PL15 8LY has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2021£510,000 | 3 Bed HouseThe White Barn, Launceston, PL15 8LYThe White Barn, Launceston, PL15 8LY
- Sold Mar 2018£240,000 | 4 Bed HouseTwitchels, Launceston, PL15 8LYTwitchels, Launceston, PL15 8LY
- Sold Jan 2017£195,000 | 2 Bed FlatRons Barn, Pattacott Farm, Launceston, PL15 8LYRons Barn, Pattacott Farm, Launceston, PL15 8LY
- Sold Sep 2012£482,500 | 4 Bed HouseFerndale, Launceston, PL15 8LYFerndale, Launceston, PL15 8LY
- Sold Nov 2001£175,000 | 3 Bed HouseThe White Barn, Launceston, PL15 8LYThe White Barn, Launceston, PL15 8LY
Nearby Postcodes
PL15 8LY is the 649th largest and the 381st most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8NA, North Petherwin, Launceston, PL15PL15 8NA17 Addresses|1.1 km away
- PL15 8LZ, Maxworthy, Launceston, PL15PL15 8LZ24 Addresses|1.1 km away
- PL15 8UB, Canworthy Water, Launceston, PL15PL15 8UB19 Addresses|1.7 km away
- PL15 8LX, North Petherwin, Launceston, PL15PL15 8LX17 Addresses|1.7 km away
- PL15 8WG, Maxworthy, Launceston, PL15PL15 8WG2 Addresses|1.9 km away
Property Types
- 2 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 10 other addresses of unknown type
- period house (2)
- modern house (2)
- mid-century house (1)
- house (2)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (5)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Jun 2008£535,000 | 5 Bed HouseMaxworthy Court, Launceston, PL15 8LZMaxworthy Court, Launceston, PL15 8LZ
- Sold Jun 2021£510,000 | 3 Bed HouseThe White Barn, Launceston, PL15 8LYThe White Barn, Launceston, PL15 8LY
- Sold Sep 2012£482,500 | 4 Bed HouseFerndale, Launceston, PL15 8LYFerndale, Launceston, PL15 8LY
Schools Nearby
- North Petherwin School2.7 km away
- Warbstow Primary Academy4.3 km away
- Jacobstow Community Academy5.6 km away
- Launceston College12.6 km away
- Budehaven Community School13.7 km away
- Holsworthy Community College14.9 km away
More reading links
Public Transport Nearby
The closest station to PL15 8LY is Gunnislake station, which is 28.4 kilometres away.
- Gunnislake|28.4 km away
- Liskeard|28.9 km away
- Coombe Junction Halt|29.1 km away
- Calstock|30.4 km away
