Fairlawns, Launceston
Fairlawns, Launceston
Description & Estimates
Public records show Fairlawns, Launceston to be a mid-century freehold house with 1,227 ft2 of internal area, sitting on a 631 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
Fairlawns, Launceston has an estimated sale value of £344,267 and an estimated rental value of £1,216 per month, assuming reasonable condition and based on the information available.
Lewannick, Launceston, PL15 lies within the PL15 postal district.
Our Data Sources
Fairlawns, Launceston has 31 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated June 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Fairlawns, Launceston would be worth £361,480, with a potential rental value of £1,277 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £320,168, with a rental value of £1,131 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Fairlawns, Launceston has increased by £11,392 (3.3%) over the last year. During the same period, its estimated monthly rental value has grown by £59 (4.9%). The property's estimated gross yield is currently 4.2%.
Plot Size
Fairlawns, Launceston occupies a 631 m2 plot as recorded by HM Land Registry.
Of the 58 other houses in this postcode, 32 have recorded plot sizes, and this one ranks as the 15th largest.
Energy Efficiency
Fairlawns, Launceston has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 23 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, B30K.
Sold Prices
Fairlawns, Launceston last changed hands on 26th May 2023, selling for £360,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 5.1% since May 2023.
- Sold May 2023£360,000
- Sold Jun 2009£190,000
- Sold Apr 2000£128,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.2 kilometres of Fairlawns, Launceston across the last 2 years.
Most recently, 14, Hawks Tor Drive, Launceston, PL15 7QY, a freehold house, sold at £300,000 on the 1st August 2022.
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
Our analysis of the public data ranks Fairlawns, Launceston as the 71st largest and the 86th most expensive of the 141 addresses on Lewannick, Launceston, PL15.
Against the PL15 postcode district average, it is £36k more expensive than the typical property.
More reading links
Schools Nearby
- 100mLewannick Community Primary School
- 3.3kmSouth Petherwin Community Primary School
- 3.7kmTregadillett Primary School
- 6.6kmLaunceston College
- 13.8kmCallington Community College
- 15.9kmLiskeard School and Community College
More reading links
Public Transport Nearby
Liskeard station is the nearest stop to Fairlawns, Launceston at 17.2 kilometres away.
- 17.2kmLiskeard
- 17.5kmCoombe Junction Halt
- 18.1kmGunnislake
Available Internet Speeds
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.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
