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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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Public records show 7 Penscombe Barns, Launceston to be a modern freehold house with 2,734 ft2 of internal area, sitting on a 1,514 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
7 Penscombe Barns, Launceston has an estimated sale value of £572,390 and an estimated rental value of £1,788 per month, assuming reasonable condition and based on the information available.
Lezant, Launceston, PL15 lies within the PL15 postal district.
7 Penscombe Barns, Launceston has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated January 2023.
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.
In very good condition, we estimate 7 Penscombe Barns, Launceston would be worth £601,010, with a potential rental value of £1,878 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £532,323, with a rental value of £1,663 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7 Penscombe Barns, Launceston has grown by £9,457 (1.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £57 (3.2%). The property's estimated gross yield is currently 3.7%.
7 Penscombe Barns, Launceston occupies a 1,514 m2 plot as recorded by HM Land Registry.
Of the 19 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 4th largest.
7 Penscombe Barns, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jan 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler.
7 Penscombe Barns, Launceston last changed hands on 17th January 2023, selling for £650,000. 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 dropped by 5.6% since January 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.5 kilometres of 7 Penscombe Barns, Launceston across the last 2 years.
Most recently, The Barton, Launceston, PL15 9NN, a freehold house, sold at £780,000 on the 28th February 2025.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7 Penscombe Barns, Launceston as the 6th largest and the 11th most expensive of the 84 addresses on Lezant, Launceston, PL15.
Against the PL15 postcode district average, it is £264k more expensive than the typical property.
Gunnislake station is the nearest stop to 7 Penscombe Barns, Launceston at 12.1 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 7 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 7 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 7 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 7 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 7 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.
