5, Chapel Park Terrace
5, Chapel Park Terrace
Description & Estimates
Public records show 5, Chapel Park Terrace, Launceston to be an early-century freehold house with 947 ft2 of internal area, sitting on a 191 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Chapel Park Terrace, Launceston has an estimated sale value of £233,021 and an estimated rental value of £1,034 per month, assuming reasonable condition and based on the information available.
Chapel Park Terrace, Launceston, PL15 lies within the PL15 postal district.
Our Data Sources
5, Chapel Park Terrace, Launceston has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated November 2018.
We combine this information with that 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 5, Chapel Park Terrace, Launceston would be worth £244,672, with a potential rental value of £1,085 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £216,709, with a rental value of £961 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 5, Chapel Park Terrace, Launceston has increased by £7,711 (3.3%) over the last year. During the same period, its estimated monthly rental value has grown by £50 (4.9%). The property's estimated gross yield is currently 5.3%.
Plot Size
5, Chapel Park Terrace, Launceston occupies a 191 m2 plot as recorded by HM Land Registry.
Of the 6 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
5, Chapel Park Terrace, Launceston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Nov 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
Sold Prices
5, Chapel Park Terrace, Launceston last changed hands on 17th October 2019, selling for £165,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 37.1% since October 2019.
- Sold Oct 2019£165,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 780 metres of 5, Chapel Park Terrace, Launceston across the last 2 years.
Most recently, 67, St. Johns Road, Launceston, PL15 7DD, a freehold house, sold at £260,000 on the 28th August 2025.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5, Chapel Park Terrace, Launceston as the 4th largest and the 4th most expensive of the 6 addresses on Chapel Park Terrace, Launceston, PL15.
Against the PL15 postcode district average, it is £76k less expensive than the typical property.
More reading links
Schools Nearby
- 500mSt Catherine's CofE Primary School
- 600mWindmill Hill Academy
- 1.2kmLaunceston Primary School
- 900mLaunceston College
- 14.6kmCallington Community College
- 18.2kmTavistock College
More reading links
Public Transport Nearby
Gunnislake station is the nearest stop to 5, Chapel Park Terrace, Launceston at 16.7 kilometres away.
- 16.7kmGunnislake
- 18.8kmCalstock
- 20.2kmBere Alston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
