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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 1, Lewannick Close, Launceston to be a mid-century freehold house with 1,248 ft2 of internal area, sitting on a 627 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Lewannick Close, Launceston has an estimated sale value of £372,303 and an estimated rental value of £1,215 per month, assuming reasonable condition and based on the information available.
Lewannick Close, Lewannick, Launceston, PL15 lies within the PL15 postal district.
1, Lewannick Close, Launceston has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 1, Lewannick Close, Launceston would be worth £390,918, with a potential rental value of £1,276 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £346,242, with a rental value of £1,130 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 1, Lewannick Close, Launceston has risen by £12,319 (3.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £59 (4.9%). The property's estimated gross yield is currently 3.9%.
1, Lewannick Close, Launceston occupies a 627 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
1, Lewannick Close, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
1, Lewannick Close, Launceston last changed hands on 29th September 2021, selling for £351,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 6.6% since September 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.0 kilometres of 1, Lewannick Close, Launceston across the last 2 years.
Most recently, Fairlawns, Launceston, PL15 7QD, a freehold house, sold at £360,000 on the 26th May 2023.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 1, Lewannick Close, Launceston as the 3rd largest and the most expensive of the 4 addresses on Lewannick Close, Lewannick, Launceston, PL15.
Against the PL15 postcode district average, it is £64k more expensive than the typical property.
Liskeard station is the nearest stop to 1, Lewannick Close, Launceston at 17.2 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Lewannick Close, Launceston, 39.3% of property is privately owned outright and 23.6% is socially rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Lewannick Close, Launceston, 20.6% of residents are recorded as possessing school level qualifications and 23.7% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Lewannick Close, Launceston, the average age was 49.4 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Lewannick Close, Launceston, 0.2% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Lewannick Close, Launceston, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
