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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, Springfield, Launceston is a mid-century freehold house with 1,313 ft2 of internal area and sits on a 14,396 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 Springfield, Launceston is £596,932 and the estimated rental value is £1,811 per month.
Lezant, Launceston, PL15 is located within the PL15 postal district.
Springfield, Launceston has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated September 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.
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 Springfield, Launceston is in very good condition we estimate a sale value of £626,779 and a rental value of £1,902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £555,147 and a rental value of £1,685 per month.
Over the last 12 months the sale value of Springfield Launceston has increased by an estimated £16,777 (2.8%) and its rental value has increased by an estimated £56 per month (3.1%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, Springfield, Launceston sits on a plot of 14396m2.
We have plot size data on 13 out of 26 other houses in the postcode and Springfield, Launceston sits on the largest plot.
Springfield, Launceston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Springfield, Launceston was last sold on 13th January 2023 for £604,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2023, the market for similar properties has dropped 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Springfield, Launceston within a radius of 4.6 kilometres over the last 2 years.
The most recent example is Homeleigh, Launceston, PL15 9NX, a freehold house which sold for £460,000 on the 24th November 2023.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lezant, Launceston, PL15 has a total of 84 addresses. According to our analysis of all the public data, Springfield, Launceston is the 48th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £290k more expensive than the average property in PL15.
The closest station to Springfield, Launceston is Gunnislake station which is 12.1 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Springfield, Launceston, 66.1% of property is privately owned outright and 20.5% 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 Springfield, Launceston, 10.5% of residents are recorded as possessing school level qualifications and 33.2% 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 Springfield, 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 Springfield, Launceston, 0.4% 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 Springfield, 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.
