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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, 8A, Ridgegrove Lane, Launceston is a mid-century freehold house with 968 ft2 of internal area and sits on a 766 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8A, Ridgegrove Lane, Launceston is £299,094 and the estimated rental value is £1,129 per month.
Ridgegrove Lane, Launceston, PL15 is located within the PL15 postal district.
8A, Ridgegrove Lane, Launceston has a single entry in the Land Registry from February 2014 and a single entry in the EPC database dated February 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.
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 8A, Ridgegrove Lane, Launceston is in very good condition we estimate a sale value of £314,049 and a rental value of £1,185 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,158 and a rental value of £1,050 per month.
Over the last 12 months the sale value of 8A Ridgegrove Lane Launceston has increased by an estimated £9,897 (3.3%) and its rental value has increased by an estimated £55 per month (4.9%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 8A, Ridgegrove Lane, Launceston sits on a plot of 766m2.
We have plot size data on 14 out of 17 other houses in the postcode and 8A, Ridgegrove Lane, Launceston sits on the 8th largest plot.
8A, Ridgegrove Lane, Launceston has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, dual fuel (mineral and wood).
According to HM Land Registry, 8A, Ridgegrove Lane, Launceston was last sold on 7th February 2014 for £159,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2014, the market for similar properties has risen 97.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8A, Ridgegrove Lane, Launceston within a radius of 860 metres over the last 2 years.
The most recent example is 11, Roydon Close, Launceston, PL15 8QL, a freehold house which sold for £223,000 on the 16th December 2022.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgegrove Lane, Launceston, PL15 has a total of 27 addresses. According to our analysis of all the public data, 8A, Ridgegrove Lane, Launceston is the 21st largest and the 11th most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in PL15.
The closest station to 8A, Ridgegrove Lane, Launceston is Gunnislake station which is 17.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 8A, Ridgegrove Lane, Launceston, 36.6% of property is socially rented and 29.9% is privately rented.
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 8A, Ridgegrove Lane, Launceston, 17.5% of residents are recorded as possessing school level qualifications and 23.9% 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 8A, Ridgegrove Lane, Launceston, the average age was 41.6 and the most common age was 57.
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 8A, Ridgegrove Lane, 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 8A, Ridgegrove Lane, Launceston, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
