3, Chapel Close
3, Chapel Close
Description & Estimates
3, Chapel Close, Launceston is recorded publicly as a modern freehold house across 1,334 ft2 of internal area, sitting on a 519 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Chapel Close, Launceston is £396,206 and its rental estimate is £1,279 per month, given the available information and assuming reasonable condition.
Chapel Close, Coads Green, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
3, Chapel Close, Launceston has 3 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated July 2018.
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
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 3, Chapel Close, Launceston, we estimate a market value of £416,016 and a rental value of £1,343 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £368,472 and £1,189 per month respectively.
Recent Market Change
Over the last year, 3, Chapel Close, Launceston has seen its estimated sale value move up by £13,365 (3.4%) and its estimated rental value increase by £57 per month (4.5%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 3, Chapel Close, Launceston as measuring 519 m2.
That makes it the largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
3, Chapel Close, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jul 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Chapel Close, Launceston completed on 30th October 2024 at £380,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 18.9% over the period since October 2024.
- Sold Oct 2024£380,000
- Sold Jun 2021£327,000
- Sold Aug 2018£296,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Chapel Close, Launceston have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th December 2024, was 4, Chapel Close, Launceston, PL15 7FL, a freehold house which sold for £415,000.
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 8 addresses on Chapel Close, Coads Green, Launceston, PL15, 3, Chapel Close, Launceston comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £88k more expensive than the average property across the PL15 district.
More reading links
Schools Nearby
- 500mWindmill Hill Academy
- 600mSt Catherine's CofE Primary School
- 1.1kmLaunceston Primary School
- 800mLaunceston College
- 14.5kmCallington Community College
- 18.1kmTavistock College
More reading links
Public Transport Nearby
From 3, Chapel Close, Launceston, the nearest station is Gunnislake, 16.6 kilometres away.
- 16.6kmGunnislake
- 18.7kmCalstock
- 20.1kmBere Alston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
