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According to the public record, 2 Old Tree Lodge, Launceston is a mid-century freehold house with 1,388 ft2 of internal area and sits on a 587 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Old Tree Lodge, Launceston is £392,381 and the estimated rental value is £1,262 per month.
Trebursye, Launceston, PL15 is located within the PL15 postal district.
2 Old Tree Lodge, Launceston has a single entry in the Land Registry from December 2013 and a single entry in the EPC database dated September 2013.
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.
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 Old Tree Lodge, Launceston is in very good condition we estimate a sale value of £412,000 and a rental value of £1,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,915 and a rental value of £1,174 per month.
Over the last 12 months the sale value of 2 Old Tree Lodge Launceston has increased by an estimated £13,236 (3.4%) and its rental value has increased by an estimated £57 per month (4.5%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 2 Old Tree Lodge, Launceston sits on a plot of 587m2.
We have plot size data on 16 out of 19 other houses in the postcode and 2 Old Tree Lodge, Launceston sits on the 14th largest plot.
2 Old Tree Lodge, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 2 Old Tree Lodge, Launceston was last sold on 6th December 2013 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2013, the market for similar properties has risen 38.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Old Tree Lodge, Launceston within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 1 Old Tree Lodge, Launceston, PL15 7ET, a freehold house which sold for £368,000 on the 15th February 2021.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trebursye, Launceston, PL15 has a total of 32 addresses. According to our analysis of all the public data, 2 Old Tree Lodge, Launceston is the 21st largest and the 28th most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in PL15.
The closest station to 2 Old Tree Lodge, Launceston is Gunnislake station which is 18.0 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 Old Tree Lodge, Launceston, 55.0% of property is privately owned outright and 26.9% is privately owned with a mortgage.
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 Old Tree Lodge, Launceston, 14.9% of residents are recorded as possessing school level qualifications and 31.9% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Old Tree Lodge, Launceston, the average age was 49.4 and the most common age was 72.
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 Old Tree Lodge, Launceston, 0.6% 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 Old Tree Lodge, Launceston, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.