3, Priory Lane
3, Priory Lane
Description & Estimates
The public record describes 3, Priory Lane, Launceston as a period house with 667 ft2 of internal area, sitting on a 93.8 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, Priory Lane, Launceston has an estimated sale value of £283,427 and an estimated rental value of £918 per month, assuming reasonable condition and based on the information available.
Priory Lane, Launceston, PL15 lies within the PL15 postal district.
Our Data Sources
3, Priory Lane, Launceston has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 3, Priory Lane, Launceston would be worth £297,599, with a potential rental value of £964 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £263,587, with a rental value of £854 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 3, Priory Lane, Launceston has grown by £8,463 (3.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £41 (4.5%). The property's estimated gross yield is currently 3.9%.
Plot Size
3, Priory Lane, Launceston occupies a 94 m2 plot as recorded by HM Land Registry.
Energy Efficiency
3, Priory Lane, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Feb 2024.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 740 metres of 3, Priory Lane, Launceston across the last 2 years.
Most recently, Underlane Barn, Under Lane, Launceston, PL15 7FT, a freehold house, sold at £55,000 on the 27th February 2018.
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 3, Priory Lane, Launceston as the 2nd largest and the 2nd most expensive of the 2 addresses on Priory Lane, Launceston, PL15.
Against the PL15 postcode district average, it is £25k less expensive than the typical property.
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Schools Nearby
- 700mSt Stephens Community Academy
- 800mWindmill Hill Academy
- 1.3kmSt Catherine's CofE Primary School
- 1.3kmLaunceston College
- 15.3kmCallington Community College
- 18.5kmTavistock College
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Public Transport Nearby
Gunnislake station is the nearest stop to 3, Priory Lane, Launceston at 17.2 kilometres away.
- 17.2kmGunnislake
- 19.3kmCalstock
- 20.8kmBere Alston
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
