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According to the public record, 2, Cherry Way, Launceston is a modern freehold house with 1,194 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cherry Way, Launceston is £326,796 and the estimated rental value is £1,227 per month.
Cherry Way, Launceston, PL15 is located within the PL15 postal district.
2, Cherry Way, Launceston has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated February 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Cherry Way, Launceston is in very good condition we estimate a sale value of £343,136 and a rental value of £1,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,921 and a rental value of £1,141 per month.
Over the last 12 months the sale value of 2 Cherry Way Launceston has increased by an estimated £12,197 (3.7%) and its rental value has increased by an estimated £47 per month (3.8%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Cherry Way, Launceston sits on a plot of 218m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Cherry Way, Launceston sits on the 6th largest plot.
2, Cherry Way, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Feb 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Cherry Way, Launceston was last sold on 1st March 2018 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2018, the market for similar properties has risen 46.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cherry Way, Launceston within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 8, Robin Drive, Launceston, PL15 9JY, a freehold house which sold for £330,000 on the 3rd October 2025.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Way, Launceston, PL15 has a total of 9 addresses. According to our analysis of all the public data, 2, Cherry Way, Launceston is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in PL15.
The closest station to 2, Cherry Way, Launceston is Gunnislake station which is 15.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cherry Way, Launceston, % of property is and % is .
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 2, Cherry Way, Launceston, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Cherry Way, Launceston, 0.0% 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 2, Cherry Way, Launceston, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.