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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Pennance Terrace, Launceston is a early-century freehold house with 1,076 ft2 of internal area and sits on a 225 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, Pennance Terrace, Launceston is £201,203 and the estimated rental value is £903 per month.
Pennance Terrace, Launceston, PL15 is located within the PL15 postal district.
2, Pennance Terrace, Launceston has 21 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Pennance Terrace, Launceston is in very good condition we estimate a sale value of £211,263 and a rental value of £949 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,119 and a rental value of £840 per month.
Over the last 12 months the sale value of 2 Pennance Terrace Launceston has increased by an estimated £6,658 (3.3%) and its rental value has increased by an estimated £44 per month (4.9%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 2, Pennance Terrace, Launceston sits on a plot of 225m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Pennance Terrace, Launceston sits on the 4th largest plot.
2, Pennance Terrace, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Pennance Terrace, Launceston was last sold on 31st January 2018 for £137,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2018, the market for similar properties has risen 83.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pennance Terrace, Launceston within a radius of 630 metres over the last 2 years.
The most recent example is 16, Woodvale Terrace, Launceston, PL15 9BN, a freehold house which sold for £207,500 on the 26th March 2026.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennance Terrace, Launceston, PL15 has a total of 4 addresses. According to our analysis of all the public data, 2, Pennance Terrace, Launceston is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in PL15.
The closest station to 2, Pennance Terrace, Launceston is Gunnislake station which is 16.5 kilometres away.
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, Pennance Terrace, Launceston, 51.0% of property is privately rented and 35.6% is privately owned outright.
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, Pennance Terrace, Launceston, 11.2% of residents are recorded as possessing school level qualifications and 23.6% 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, Pennance Terrace, Launceston, the average age was 41.6 and the most common age was 57.
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, Pennance Terrace, 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, Pennance Terrace, Launceston, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.
