5, Ridgegrove Hill
5, Ridgegrove Hill
Description & Estimates
5, Ridgegrove Hill, Launceston is recorded publicly as an early-century freehold house across 1,001 ft2 of internal area, sitting on a 7,762 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Ridgegrove Hill, Launceston is £404,378 and its rental estimate is £1,249 per month, given the available information and assuming reasonable condition.
Ridgegrove Hill, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
5, Ridgegrove Hill, Launceston has a single entry in the Land Registry from November 2014 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Ridgegrove Hill, Launceston, we estimate a market value of £424,597 and a rental value of £1,312 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £376,071 and £1,162 per month respectively.
Recent Market Change
Over the last year, 5, Ridgegrove Hill, Launceston has seen its estimated sale value rise by £13,381 (3.3%) and its estimated rental value move up by £61 per month (4.9%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 5, Ridgegrove Hill, Launceston as measuring 7,762 m2.
That makes it the largest plot in the postcode, where 7 of the 10 other houses have recorded plot data.
Energy Efficiency
5, Ridgegrove Hill, Launceston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 5, Ridgegrove Hill, Launceston completed on 28th November 2014 at £275,000 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 risen by 103.8% over the period since November 2014.
- Sold Nov 2014£275,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 5, Ridgegrove Hill, Launceston have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th October 2023, was 1, Foundry Gardens, Launceston, PL15 8PA, a freehold house which sold for £315,000.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 17 addresses on Ridgegrove Hill, Launceston, PL15, 5, Ridgegrove Hill, Launceston comes out as the 15th largest and the 12th most expensive in our analysis of the public data.
It is also £96k more expensive than the average property across the PL15 district.
More reading links
Schools Nearby
- 400mWindmill Hill Academy
- 1.1kmLaunceston Primary School
- 1.2kmSt Stephens Community Academy
- 900mLaunceston College
- 15.0kmCallington Community College
- 17.9kmTavistock College
More reading links
Public Transport Nearby
From 5, Ridgegrove Hill, Launceston, the nearest station is Gunnislake, 16.7 kilometres away.
- 16.7kmGunnislake
- 18.8kmCalstock
- 20.3kmBere Alston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
