Half Acre, Launceston
Half Acre, Launceston
Description & Estimates
Half Acre, Launceston is described in the public record as an early-century house with 1,689 ft2 of internal area, sitting on a 3,137 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Half Acre, Launceston is £586,988 and its rental estimate is £1,601 per month, given the available information and assuming reasonable condition.
Underhayes Lane, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
Half Acre, Launceston has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2012.
We combine this information with public data 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.
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 Half Acre, Launceston, we estimate a market value of £616,338 and a rental value of £1,681 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £545,899 and £1,489 per month respectively.
Recent Market Change
Over the last year, Half Acre, Launceston has seen its estimated sale value climb by £19,801 (3.4%) and its estimated rental value rise by £72 per month (4.5%). This results in an estimated gross rental yield of 3.3%.
Plot Size
HM Land Registry records the plot of land for Half Acre, Launceston as measuring 3,137 m2.
That makes it the largest plot in the postcode, where 11 of the 14 other houses have recorded plot data.
Energy Efficiency
Half Acre, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Half Acre, Launceston completed on 1st May 2003 at £170,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold May 2003£170,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Half Acre, Launceston have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th April 2024, was Sentinels, St. Stephens Hill, Launceston, PL15 8HR, a freehold house which sold for £567,500.
Read more about house prices in PL15.
- Sold Apr 2024£567,500 | 4 Bed HouseSentinels, St. Stephens Hill, Launceston, PL15 8HRSentinels, St. Stephens Hill, Launceston, PL15 8HR
- Sold Oct 2021£595,000 | 4 Bed House34A, St. Stephens Hill, Launceston, PL15 8HN34A, St. Stephens Hill, Launceston, PL15 8HN
- Sold May 2018£353,500 | 4 Bed House14, Church Lea, Launceston, PL15 8QZ14, Church Lea, Launceston, PL15 8QZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 16 addresses on Underhayes Lane, Launceston, PL15, Half Acre, Launceston comes out as the 5th largest and the 4th most expensive in our analysis of the public data.
It is also £278k more expensive than the average property across the PL15 district.
More reading links
Schools Nearby
- 300mSt Stephens Community Academy
- 1.6kmWindmill Hill Academy
- 1.8kmSt Catherine's CofE Primary School
- 2.2kmLaunceston College
- 16.1kmCallington Community College
- 18.5kmHolsworthy Community College
More reading links
Public Transport Nearby
From Half Acre, Launceston, the nearest station is Gunnislake, 18.1 kilometres away.
- 18.1kmGunnislake
- 20.2kmCalstock
- 21.6kmBere Alston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
