18, Ridgegrove Lane
18, Ridgegrove Lane
Description & Estimates
18, Ridgegrove Lane, Launceston is recorded publicly as an early-century freehold house across 1,065 ft2 of internal area, sitting on a 631 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 18, Ridgegrove Lane, Launceston is £314,743 and its rental estimate is £1,166 per month, given the available information and assuming reasonable condition.
Ridgegrove Lane, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
18, Ridgegrove Lane, Launceston has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated October 2014.
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
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 18, Ridgegrove Lane, Launceston, we estimate a market value of £330,480 and a rental value of £1,224 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £292,711 and £1,084 per month respectively.
Recent Market Change
Over the last year, 18, Ridgegrove Lane, Launceston has seen its estimated sale value move up by £10,415 (3.3%) and its estimated rental value increase by £57 per month (4.9%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 18, Ridgegrove Lane, Launceston as measuring 631 m2.
That makes it the 11th largest plot in the postcode, where 14 of the 17 other houses have recorded plot data.
Energy Efficiency
18, Ridgegrove Lane, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 18, Ridgegrove Lane, Launceston completed on 5th August 2016 at £180,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 82.5% over the period since August 2016.
- Sold Aug 2016£180,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Ridgegrove Lane, Launceston have sold within a radius of 850 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th October 2023, was 1, Foundry Gardens, Launceston, PL15 8PA, a freehold house which sold for £315,000.
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 27 addresses on Ridgegrove Lane, Launceston, PL15, 18, Ridgegrove Lane, Launceston comes out as the 18th largest and the 7th most expensive in our analysis of the public data.
It is also £6k more expensive than the average property across the PL15 district.
More reading links
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
From 18, Ridgegrove Lane, Launceston, the nearest station is Gunnislake, 17.3 kilometres away.
- 17.3kmGunnislake
- 19.4kmCalstock
- 20.9kmBere Alston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
