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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, Lakefield is a period freehold house with 1,668 ft2 of internal area and sits on a 1,617 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 Lakefield is £495,202 and the estimated rental value is £1,404 per month.
Launceston, PL15 is located within the PL15 postal district.
Lakefield has 2 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated May 2016.
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 Lakefield is in very good condition we estimate a sale value of £519,962 and a rental value of £1,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,538 and a rental value of £1,306 per month.
Over the last 12 months the sale value of Lakefield has increased by an estimated £13,918 (2.8%) and its rental value has increased by an estimated £43 per month (3.1%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, Lakefield sits on a plot of 1617m2.
Lakefield has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 06 May 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, Lakefield was last sold on 29th October 2024 for £520,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2024, the market for similar properties has risen 24.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lakefield within a radius of 940 metres over the last 2 years.
The most recent example is 1 Green Ridges, Windmill Hill, Launceston, PL15 9TF, a freehold house which sold for £530,000 on the 14th November 2025.
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, Lakefield is the 48th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £188k more expensive than the average property in PL15.
The closest station to Lakefield is Gunnislake station which is 16.2 kilometres away.
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 Lakefield, 35.0% of property is privately owned outright and 30.8% 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 Lakefield, 18.9% of residents are recorded as possessing school level qualifications and 25.6% 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 Lakefield, 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 Lakefield, 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 Lakefield, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
