1, Old Mill Close
1, Old Mill Close
Description & Estimates
1, Old Mill Close, Launceston is recorded publicly as a modern freehold house across 1,754 ft2 of internal area, sitting on a 487 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Old Mill Close, Launceston is £410,919 and its rental estimate is £1,367 per month, given the available information and assuming reasonable condition.
Old Mill Close, North Hill, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
1, Old Mill Close, Launceston has 21 entries in the Land Registry , most recently in April 2010 and a single entry in the EPC database dated December 2013.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Old Mill Close, Launceston, we estimate a market value of £431,465 and a rental value of £1,436 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £382,155 and £1,272 per month respectively.
Recent Market Change
Over the last year, 1, Old Mill Close, Launceston has seen its estimated sale value rise by £13,862 (3.4%) and its estimated rental value move up by £61 per month (4.5%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 1, Old Mill Close, Launceston as measuring 487 m2.
That makes it the largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
1, Old Mill Close, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 1, Old Mill Close, Launceston completed on 12th April 2010 at £275,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 50.8% over the period since April 2010.
- Sold Apr 2010£275,000
- Sold Aug 2003£235,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Old Mill Close, Launceston have sold within a radius of 6.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2023, was Karoncot, Launceston, PL15 7PG, a freehold house which sold for £380,000.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Old Mill Close, North Hill, Launceston, PL15, 1, Old Mill Close, Launceston comes out as the largest and the most expensive in our analysis of the public data.
It is also £102k more expensive than the average property across the PL15 district.
More reading links
Schools Nearby
- 2.3kmCoads Green Primary School
- 4.1kmLewannick Community Primary School
- 4.4kmUpton Cross Academy
- 9.6kmLaunceston College
- 11.1kmCallington Community College
- 11.7kmLiskeard School and Community College
More reading links
Public Transport Nearby
From 1, Old Mill Close, Launceston, the nearest station is Liskeard, 13.0 kilometres away.
- 13.0kmLiskeard
- 13.3kmCoombe Junction Halt
- 15.3kmMenheniot
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
