The Old Rectory, Launceston
The Old Rectory, Launceston
Description & Estimates
The Old Rectory, Launceston appears in the public record as a freehold house sitting on a 16,156 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 2,960 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of The Old Rectory, Launceston is £587,847 and its rental estimate is £1,863 per month, given the available information and assuming reasonable condition.
Lawhitton, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
The Old Rectory, Launceston has 2 entries in the Land Registry , most recently in January 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 The Old Rectory, Launceston, we estimate a market value of £617,239 and a rental value of £1,956 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £546,697 and £1,733 per month respectively.
Recent Market Change
Over the last year, The Old Rectory, Launceston has seen its estimated sale value move up by £9,713 (1.7%) and its estimated rental value increase by £60 per month (3.2%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for The Old Rectory, Launceston as measuring 16,156 m2.
That makes it the largest plot in the postcode, where 3 of the 4 other houses have recorded plot data.
Sold Prices
The most recent sale of The Old Rectory, Launceston completed on 14th January 2021 at £987,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 15.6% over the period since January 2021.
- Sold Jan 2021£987,950
- Sold Apr 2018£870,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Old Rectory, Launceston have sold within a radius of 3.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th October 2024, was Trenouth, Tavistock Road, Launceston, PL15 9LF, a freehold house which sold for £620,000.
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
Of the 76 addresses on Lawhitton, Launceston, PL15, The Old Rectory, Launceston comes out as the 4th largest and the 8th most expensive in our analysis of the public data.
It is also £279k more expensive than the average property across the PL15 district.
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Schools Nearby
- 2.4kmLaunceston Primary School
- 3.3kmWindmill Hill Academy
- 3.8kmSt Catherine's CofE Primary School
- 2.8kmLaunceston College
- 11.9kmCallington Community College
- 14.6kmTavistock College
More reading links
Public Transport Nearby
From The Old Rectory, Launceston, the nearest station is Gunnislake, 13.2 kilometres away.
- 13.2kmGunnislake
- 15.4kmCalstock
- 16.8kmBere Alston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
