Spring Bank, Launceston
Spring Bank, Launceston
Description & Estimates
Public records show Spring Bank, Launceston to be a mid-century freehold house with 1,345 ft2 of internal area, sitting on a 10,458 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Spring Bank, Launceston has an estimated sale value of £534,785 and an estimated rental value of £1,570 per month, assuming reasonable condition and based on the information available.
Lawhitton, Launceston, PL15 lies within the PL15 postal district.
Our Data Sources
Spring Bank, Launceston has 2 entries in the Land Registry , most recently in June 2017 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Spring Bank, Launceston would be worth £561,525, with a potential rental value of £1,649 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £497,350, with a rental value of £1,460 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 Spring Bank, Launceston has grown by £18,040 (3.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £70 (4.5%). The property's estimated gross yield is currently 3.5%.
Plot Size
Spring Bank, Launceston occupies a 10,458 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
Spring Bank, Launceston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
Spring Bank, Launceston last changed hands on 12th June 2017, selling for £400,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 38.8% since June 2017.
- Sold Jun 2017£400,000
- Sold Jan 2008£360,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.6 kilometres of Spring Bank, Launceston across the last 2 years.
Most recently, Hillview, Tavistock, PL19 0QJ, a freehold house, sold at £450,000 on the 10th October 2025.
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 Spring Bank, Launceston as the 36th largest and the 17th most expensive of the 76 addresses on Lawhitton, Launceston, PL15.
Against the PL15 postcode district average, it is £226k more expensive than the typical property.
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Schools Nearby
- 3.3kmTrekenner Community Primary School
- 3.5kmLaunceston Primary School
- 4.3kmWindmill Hill Academy
- 3.8kmLaunceston College
- 11.0kmCallington Community College
- 13.6kmTavistock College
More reading links
Public Transport Nearby
Gunnislake station is the nearest stop to Spring Bank, Launceston at 12.2 kilometres away.
- 12.2kmGunnislake
- 14.3kmCalstock
- 15.7kmBere Alston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
