2, Fairfax Place
2, Fairfax Place
Description & Estimates
Public records show 2, Fairfax Place, Launceston to be a period freehold house with 775 ft2 of internal area, sitting on a 231 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Fairfax Place, Launceston has an estimated sale value of £99,268 and an estimated rental value of £472 per month, assuming reasonable condition and based on the information available.
Fairfax Place, Launceston, PL15 lies within the PL15 postal district.
Our Data Sources
2, Fairfax Place, Launceston has 21 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Fairfax Place, Launceston would be worth £104,231, with a potential rental value of £496 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £92,319, with a rental value of £439 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 2, Fairfax Place, Launceston has climbed by £3,285 (3.3%) over the last year. During the same period, its estimated monthly rental value has risen by £23 (4.9%). The property's estimated gross yield is currently 5.7%.
Plot Size
2, Fairfax Place, Launceston occupies a 231 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 2nd largest.
Energy Efficiency
2, Fairfax Place, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
2, Fairfax Place, Launceston last changed hands on 23rd February 2022, selling for £98,000. 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 42.7% since February 2022.
- Sold Feb 2022£98,000
- Sold Feb 2003£78,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 2, Fairfax Place, Launceston across the last 2 years.
Most recently, 4-6, St. Thomas Road, Launceston, PL15 8BX, a freehold house, sold at £90,000 on the 22nd August 2025.
Read more about house prices in PL15.
•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 2, Fairfax Place, Launceston as the 2nd largest and the 2nd most expensive of the 4 addresses on Fairfax Place, Launceston, PL15.
Against the PL15 postcode district average, it is £209k less expensive than the typical property.
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Schools Nearby
- 300mWindmill Hill Academy
- 800mSt Catherine's CofE Primary School
- 1.1kmLaunceston Primary School
- 800mLaunceston College
- 14.7kmCallington Community College
- 18.1kmTavistock College
More reading links
Public Transport Nearby
Gunnislake station is the nearest stop to 2, Fairfax Place, Launceston at 16.7 kilometres away.
- 16.7kmGunnislake
- 18.8kmCalstock
- 20.2kmBere Alston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
