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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Laurel Cottage, Launceston is £192,091 and the estimated rental value is £905 per month.
Five Lanes, Launceston, PL15 is located within the PL15 postal district.
Laurel Cottage, Launceston has no records in the the Land Registry and a single entry in the EPC database dated December 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Laurel Cottage, Launceston is in very good condition we estimate a sale value of £201,696 and a rental value of £950 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,645 and a rental value of £841 per month.
Over the last 12 months the sale value of Laurel Cottage Launceston has increased by an estimated £5,735 (3.0%) and its rental value has increased by an estimated £40 per month (4.5%), giving an expected gross yield of 5.7%.
Laurel Cottage, Launceston has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 05 Dec 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric, Room heaters, coal.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Laurel Cottage, Launceston within a radius of 7.7 kilometres over the last 2 years.
The most recent example is 39, Penpont View, Launceston, PL15 7RY, a freehold house which sold for £190,000 on the 29th January 2021.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Five Lanes, Launceston, PL15 has a total of 41 addresses. According to our analysis of all the public data, Laurel Cottage, Launceston is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in PL15.
The closest station to Laurel Cottage, Launceston is Liskeard station which is 17.2 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Laurel Cottage, Launceston, 51.0% of property is privately owned outright and 29.1% 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 Laurel Cottage, Launceston, 14.0% of residents are recorded as possessing school level qualifications and 30.8% 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 Laurel Cottage, Launceston, the average age was 49.4 and the most common age was 72.
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 Laurel Cottage, 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 Laurel Cottage, Launceston, 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.