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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, 4 Penscombe Barns, Launceston is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,695 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4 Penscombe Barns, Launceston is £460,680 and the estimated rental value is £1,407 per month.
Lezant, Launceston, PL15 is located within the PL15 postal district.
4 Penscombe Barns, Launceston has a single entry in the Land Registry from April 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 4 Penscombe Barns, Launceston is in very good condition we estimate a sale value of £483,714 and a rental value of £1,477 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £428,432 and a rental value of £1,309 per month.
Over the past 12 months, the estimated sale value of 4 Penscombe Barns, Launceston has grown by £15,540 (3.4%), while its estimated rental value has climbed by £63 per month (4.5%). Based on current estimates, the property offers a gross rental yield of 3.7%.
According to HM Land Registry, 4 Penscombe Barns, Launceston was last sold on 28th April 2023 for £440,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has dropped by 7.3%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Penscombe Barns, Launceston within a radius of 4.5 kilometres over the last 2 years.
The most recent example is 2 Church View, Launceston, PL15 9PW, a freehold house which sold for £520,000 on the 15th February 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lezant, Launceston, PL15 has a total of 84 addresses. According to our analysis of all the public data, 4 Penscombe Barns, Launceston is the 30th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £152k more expensive than the average property in PL15.
The closest station to 4 Penscombe Barns, Launceston is Gunnislake station, which is 12.1 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 4 Penscombe Barns, Launceston, 54.1% of property is privately owned outright and 24.8% 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 4 Penscombe Barns, Launceston, 10.2% of residents are recorded as possessing school level qualifications and 34.8% 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 4 Penscombe Barns, 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 4 Penscombe Barns, 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 Penscombe Barns, Launceston, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
