5 Penscombe Barns, Launceston
5 Penscombe Barns, Launceston
Description & Estimates
5 Penscombe Barns, Launceston is recorded publicly as a modern freehold house across 1,711 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5 Penscombe Barns, Launceston is £439,691 and its rental estimate is £1,338 per month, given the available information and assuming reasonable condition.
Lezant, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
5 Penscombe Barns, Launceston has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated August 2022.
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
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 5 Penscombe Barns, Launceston, we estimate a market value of £461,675 and a rental value of £1,405 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £408,912 and £1,245 per month respectively.
Recent Market Change
Over the last year, 5 Penscombe Barns, Launceston has seen its estimated sale value move up by £14,832 (3.4%) and its estimated rental value increase by £60 per month (4.5%). This results in an estimated gross rental yield of 3.7%.
Energy Efficiency
5 Penscombe Barns, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler.
Sold Prices
The most recent sale of 5 Penscombe Barns, Launceston completed on 1st September 2022 at £650,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.1% over the period since September 2022.
- Sold Sep 2022£650,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5 Penscombe Barns, Launceston have sold within a radius of 4.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th February 2024, was 2 Church View, Launceston, PL15 9PW, a freehold house which sold for £520,000.
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
Of the 84 addresses on Lezant, Launceston, PL15, 5 Penscombe Barns, Launceston comes out as the 28th largest and the 37th most expensive in our analysis of the public data.
It is also £131k more expensive than the average property across the PL15 district.
More reading links
Schools Nearby
- 1.8kmTrekenner Community Primary School
- 3.8kmLaunceston Primary School
- 4.6kmSouth Petherwin Community Primary School
- 4.1kmLaunceston College
- 10.0kmCallington Community College
- 14.1kmTavistock College
More reading links
Public Transport Nearby
From 5 Penscombe Barns, Launceston, the nearest station is Gunnislake, 12.1 kilometres away.
- 12.1kmGunnislake
- 14.1kmCalstock
- 15.5kmBere Alston
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
