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According to the public record, 4, Cherry Way, Launceston is a modern freehold house with 1,097 ft2 of internal area and sits on a 278 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 4, Cherry Way, Launceston is £304,510 and the estimated rental value is £1,163 per month.
Cherry Way, Launceston, PL15 is located within the PL15 postal district.
4, Cherry Way, Launceston has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated December 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 4, Cherry Way, Launceston is in very good condition we estimate a sale value of £319,736 and a rental value of £1,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,195 and a rental value of £1,082 per month.
Over the last 12 months the sale value of 4 Cherry Way Launceston has increased by an estimated £11,365 (3.7%) and its rental value has increased by an estimated £44 per month (3.8%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 4, Cherry Way, Launceston sits on a plot of 278m2.
We have plot size data on 9 out of 9 other houses in the postcode and 4, Cherry Way, Launceston sits on the 4th largest plot.
4, Cherry Way, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Cherry Way, Launceston was last sold on 15th December 2017 for £242,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2017, the market for similar properties has risen 48.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Cherry Way, Launceston within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 27, Chestnut Drive, Launceston, PL15 9GN, a freehold house which sold for £275,000 on the 29th May 2025.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Way, Launceston, PL15 has a total of 9 addresses. According to our analysis of all the public data, 4, Cherry Way, Launceston is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in PL15.
The closest station to 4, Cherry Way, Launceston is Gunnislake station which is 15.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 4, Cherry Way, Launceston, % of property is and % is .
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 4, Cherry Way, Launceston, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 4, Cherry Way, 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 4, Cherry Way, Launceston, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.