12, Ridgegrove Lane
12, Ridgegrove Lane
Description & Estimates
Public records show 12, Ridgegrove Lane, Launceston to be an early-century freehold house with 1,270 ft2 of internal area, sitting on a 763 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
12, Ridgegrove Lane, Launceston has an estimated sale value of £351,561 and an estimated rental value of £1,272 per month, assuming reasonable condition and based on the information available.
Ridgegrove Lane, Launceston, PL15 lies within the PL15 postal district.
Our Data Sources
12, Ridgegrove Lane, Launceston has a single entry in the Land Registry from September 2016 and a single entry in the EPC database dated May 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 12, Ridgegrove Lane, Launceston would be worth £369,139, with a potential rental value of £1,336 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £326,951, with a rental value of £1,183 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 12, Ridgegrove Lane, Launceston has risen by £11,859 (3.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £57 (4.5%). The property's estimated gross yield is currently 4.3%.
Plot Size
12, Ridgegrove Lane, Launceston occupies a 763 m2 plot as recorded by HM Land Registry.
Of the 17 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
12, Ridgegrove Lane, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
12, Ridgegrove Lane, Launceston last changed hands on 5th September 2016, selling for £220,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 69.3% since September 2016.
- Sold Sep 2016£220,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 850 metres of 12, Ridgegrove Lane, Launceston across the last 2 years.
Most recently, 5, Cleaverfield Mews, Launceston, PL15 8DD, a freehold house, sold at £300,000 on the 4th August 2025.
Read more about house prices in PL15.
- Sold Aug 2025£300,000 | 4 Bed House5, Cleaverfield Mews, Launceston, PL15 8DD5, Cleaverfield Mews, Launceston, PL15 8DD
- Sold Apr 2025£395,000 | 4 Bed House4, Foundry Gardens, Launceston, PL15 8PA4, Foundry Gardens, Launceston, PL15 8PA
- Sold Jun 2023£355,000 | 4 Bed House12, St. Cuthbert Close, Launceston, PL15 8QB12, St. Cuthbert Close, Launceston, PL15 8QB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 12, Ridgegrove Lane, Launceston as the 9th largest and the 2nd most expensive of the 27 addresses on Ridgegrove Lane, Launceston, PL15.
Against the PL15 postcode district average, it is £43k more expensive than the typical property.
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Schools Nearby
- 600mSt Stephens Community Academy
- 1.0kmWindmill Hill Academy
- 1.7kmSt Catherine's CofE Primary School
- 1.5kmLaunceston College
- 15.6kmCallington Community College
- 18.5kmTavistock College
More reading links
Public Transport Nearby
Gunnislake station is the nearest stop to 12, Ridgegrove Lane, Launceston at 17.3 kilometres away.
- 17.3kmGunnislake
- 19.4kmCalstock
- 20.9kmBere Alston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
