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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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Thorn Cottage, Launceston is recorded publicly as a period freehold house across 1,069 ft2 of internal area, sitting on a 165 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Thorn Cottage, Launceston is £241,598 and its rental estimate is £1,086 per month, given the available information and assuming reasonable condition.
Five Lanes, Launceston, PL15 falls within the PL15 postal district.
Thorn Cottage, Launceston has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated July 2011.
We combine this information with that 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.
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 Thorn Cottage, Launceston, we estimate a market value of £253,678 and a rental value of £1,141 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,686 and £1,010 per month respectively.
Over the last year, Thorn Cottage, Launceston has seen its estimated sale value increase by £7,994 (3.3%) and its estimated rental value grow by £53 per month (4.9%). This results in an estimated gross rental yield of 5.4%.
HM Land Registry records the plot of land for Thorn Cottage, Launceston as measuring 165 m2.
That makes it the 22nd largest plot in the postcode, where 23 of the 36 other houses have recorded plot data.
Thorn Cottage, Launceston has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 Jul 2011.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
The most recent sale of Thorn Cottage, Launceston completed on 26th February 2018 at £200,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 24.5% over the period since February 2018.
Over the past 2 years 3 properties similar to Thorn Cottage, Launceston have sold within a radius of 7.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2025, was Laurel House, Launceston, PL15 7RX, a freehold house which sold for £190,000.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 41 addresses on Five Lanes, Launceston, PL15, Thorn Cottage, Launceston comes out as the 23rd largest and the 28th most expensive in our analysis of the public data.
It is also £67k less expensive than the average property across the PL15 district.
From Thorn Cottage, Launceston, the nearest station is Liskeard, 17.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Thorn 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 Thorn 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 Thorn 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 Thorn 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 Thorn 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.
