Maxworthy, Launceston - PL15 8LZ
Key Postcode Insights
PL15 8LZ is a residential postcode situated on Maxworthy, Launceston, PL15 with 24 addresses.
It ranks as the 755th largest and 568th 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 24 properties: 23 houses and 1 flat.
- Ave. Sale Price
- £396,198
- 10 Year change
- up 38.2%
- Ave. Rental Price
- £1,172pcm
- 10 Year change
- up 57.0%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
PL15 8LZ is a residential postcode situated on Maxworthy, Launceston, PL15 with 24 addresses.
It ranks as the 755th largest and 568th 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 24 properties: 23 houses and 1 flat.
- Ave. Sale Price
- £396,198
- 10 Year change
- up 38.2%
- Ave. Rental Price
- £1,172pcm
- 10 Year change
- up 57.0%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Explore Propertiesin PL15 8LZ
- 1 Rough Tor View Launceston
3 Bed Mid-century House
- 2 Rough Tor View Launceston
3 Bed Mid-century House
- Braemar
Unknown
- Caudworthy Park
Unknown
- Coreys Meadow
5 Bed Modern House
Sales Market Trends
The last sale in PL15 8LZ sold for £171,000 on 8th January 2020. Since then prices are up an average of 23.0%.
The current average value in the postcode is £396,198.
The PL15 8LZ Sales Market has increased by 38.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £396,198 |
| June 2025 | -1.8% | £389,394 |
| June 2024 | -1.7% | £396,428 |
| June 2023 | 1.2% | £403,159 |
| June 2022 | 11.9% | £398,306 |
| June 2021 | 9.9% | £355,835 |
| June 2020 | 0% | £323,792 |
| June 2019 | 2.4% | £323,749 |
| June 2018 | 7.4% | £316,057 |
| June 2017 | 2.6% | £294,347 |
| June 2016 | 2.2% | £286,767 |
| June 2015 | 2.9% | £280,488 |
| June 2014 | 3.9% | £272,547 |
| June 2013 | 0.9% | £262,436 |
| June 2012 | -1.9% | £260,103 |
| June 2011 | -1% | £265,256 |
| June 2010 | 6.8% | £267,924 |
| June 2009 | -11.5% | £250,926 |
| June 2008 | -1.8% | £283,476 |
| June 2007 | 0% | £288,749 |
Rental Market Trends
The current average rental value in the postcode is £1,172.
The PL15 8LZ Rental Market has increased by 57.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £1,172pcm |
| June 2025 | 5.7% | £1,115pcm |
| June 2024 | 3.4% | £1,055pcm |
| June 2023 | 4.2% | £1,020pcm |
| June 2022 | 12.1% | £978pcm |
| June 2021 | 8% | £872pcm |
| June 2020 | 1.9% | £808pcm |
| June 2019 | 1.4% | £793pcm |
| June 2018 | 1.8% | £782pcm |
| June 2017 | 2.8% | £767pcm |
| June 2016 | 1.8% | £746pcm |
| June 2015 | 1.2% | £733pcm |
| June 2014 | 3.6% | £725pcm |
| June 2013 | -0.4% | £700pcm |
| June 2012 | -0.7% | £702pcm |
| June 2011 | 2.1% | £707pcm |
| June 2010 | 6.5% | £693pcm |
| June 2009 | -8.9% | £651pcm |
| June 2008 | 2.4% | £714pcm |
| June 2007 | 0% | £697pcm |
Sales History
The last sale was on 8th January 2020 for £171,000 and since then the market in the area has increased by 23.0%. The postcode has had a total of 17 sales since 1995.
PL15 8LZ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2020£171,000 | 2 Bed HouseMaxworthy Barn, Launceston, PL15 8LZMaxworthy Barn, Launceston, PL15 8LZ
- Sold Sep 2019£250,000 | 3 Bed HouseSalem Cottage, Launceston, PL15 8LZSalem Cottage, Launceston, PL15 8LZ
- Sold May 2019£180,000 | 3 Bed HouseMoonshadows, Launceston, PL15 8LZMoonshadows, Launceston, PL15 8LZ
- Sold Jun 2018£325,000 | 4 Bed HouseHougamont, Launceston, PL15 8LZHougamont, Launceston, PL15 8LZ
- Sold Nov 2017£410,000 | 3 Bed HouseWhite Cottage, Launceston, PL15 8LZWhite Cottage, Launceston, PL15 8LZ
Nearby Postcodes
PL15 8LZ is the 755th largest and the 568th 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 8LY, Maxworthy, Launceston, PL15PL15 8LY17 Addresses|1.1 km away
- PL15 8WG, Maxworthy, Launceston, PL15PL15 8WG2 Addresses|1.1 km away
- PL15 8NB, North Petherwin, Launceston, PL15PL15 8NB12 Addresses|1.2 km away
- PL15 8NZ, Clubworthy, Launceston, PL15PL15 8NZ18 Addresses|1.8 km away
Property Types
- 7 period houses built between 1800 and 1911
- 7 modern houses built after 1980
- 2 modern flats built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 5 other addresses of unknown type
- period house (7)
- modern house (7)
- modern flat (2)
- mid-century house (2)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (1)
- F (2)
- C (6)
- G (1)
- D (4)
- No EPC (7)
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 School2.3 km away
- Warbstow Primary Academy5.4 km away
- Whitstone Primary School5.6 km away
- Launceston College12.1 km away
- Budehaven Community School13.6 km away
- Holsworthy Community College14.0 km away
More reading links
Public Transport Nearby
The closest station to PL15 8LZ is Gunnislake station, which is 27.9 kilometres away.
- Gunnislake|27.9 km away
- Liskeard|29.2 km away
- Coombe Junction Halt|29.4 km away
- Calstock|30.0 km away