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According to the public record, Cob Barn is a modern freehold house with 1,463 ft2 of internal area and sits on a 533 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Cob Barn is £466,987 and the estimated rental value is £1,378 per month.
Launceston, PL15 is located in the borough of Torridge within the PL15 postal district.
Cob Barn has a single entry in the Land Registry from December 2018 and a single entry in the EPC database dated January 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.
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 Cob Barn is in very good condition we estimate a sale value of £490,336 and a rental value of £1,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,298 and a rental value of £1,281 per month.
Over the last 12 months the sale value of Cob Barn has increased by an estimated £13,125 (2.8%) and its rental value has increased by an estimated £43 per month (3.1%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, Cob Barn sits on a plot of 533m2.
We have plot size data on 10 out of 15 other houses in the postcode and Cob Barn sits on the 9th largest plot.
Cob Barn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Cob Barn was last sold on 10th December 2018 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2018, the market for similar properties has risen 21.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cob Barn within a radius of 3.3 kilometres over the last 2 years.
The most recent example is Cart Lodge Farm, Launceston, PL15 9QX, a freehold house which sold for £340,000 on the 31st May 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Launceston, PL15 has a total of 280 addresses. According to our analysis of all the public data, Cob Barn is the 67th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in PL15.
The closest station to Cob Barn is Gunnislake station which is 17.0 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 Cob Barn, 43.5% of property is privately owned outright and 33.1% 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 Cob Barn, 16.7% of residents are recorded as possessing school level qualifications and 19.9% 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 Cob Barn, the average age was 48.9 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 Cob Barn, 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 Cob Barn, 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.