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House Prices in PL15

The average house price in PL15 (Launceston) is £0 using HM Land Registry data.

Over the last year, there were 0 residential property sales – a decrease of 0 transactions (0.00%) relative to the previous year. The majority of house sales (65) were in the £202,000 - £284,000 range. Then came properties in the £120,000 - £202,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,960 (-5%).

In Nov 2025, there were 42 new estate agency instructions, 32 agreed home sales and 22 property price reductions.

5-Year Average Property Prices in PL15 (Launceston)

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PL15 (Launceston) Over the Last Year

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for PL15 (Launceston) - Nov 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PL15 (Launceston)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PL15 (Launceston)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PL15 (Launceston)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PL15 (Launceston) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PL15 postcode area since 1995.

Recent Sales in PL15 (Launceston)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
43 St Marys Road, Lanstephan, Launceston, PL15 8JR	£157,500	£146,000	-£11,500	18 Apr 2025	10 Dec 2025	236 Days
1 Dell Meadow, Road From Black Lane To Petherwin Gate, Launceston, PL15 8QA	£399,950	£379,000	-£20,950	18 Jun 2025	03 Dec 2025	168 Days
6 Foxglove Close, Kensey Park, Launceston, PL15 9JT	£229,950	£215,000	-£14,950	30 Apr 2025	24 Nov 2025	208 Days
1 Green Ridges, Windmill Hill, Launceston, PL15 9TF	£550,000	£530,000	-£20,000	28 Apr 2025	14 Nov 2025	200 Days
La Casita, Alexandra Terrace, Race Hill, Launceston, PL15 9BD	£325,000	£305,000	-£20,000	01 Jul 2025	07 Nov 2025	129 Days
100 Robin Drive, Launceston, PL15 9LN	£235,000	£205,000	-£30,000	20 May 2025	16 Oct 2025	149 Days
15 Tower Street, Launceston, PL15 8BQ	£125,000	£122,500	-£2,500	16 Jan 2025	03 Oct 2025	260 Days
8 Robin Drive, Launceston, PL15 9JY	£335,000	£330,000	-£5,000	12 May 2025	03 Oct 2025	144 Days
43 Cornfield Drive, Launceston, PL15 9GT	£124,000	£86,000	-£38,000	08 Jul 2025	30 Sep 2025	84 Days
20 Race Hill, Launceston, PL15 9BB	£149,950	£148,500	-£1,450	21 Mar 2025	02 Sep 2025	165 Days
5 Cleaverfield Mews, Launceston, PL15 8DD	£310,000	£300,000	-£10,000	27 Feb 2025	04 Aug 2025	158 Days
41 Highfield Park Road, Launceston, PL15 7DX	£359,950	£345,000	-£14,950	06 Feb 2025	31 Jul 2025	175 Days
6 Hawks Tor Drive, Lewannick, Launceston, PL15 7QY	£275,000	£270,000	-£5,000	02 Mar 2025	21 Jul 2025	141 Days
17 Monks Hill, Treburley, Launceston, PL15 9PZ	£299,950	£287,500	-£12,450	19 Dec 2024	03 Jul 2025	196 Days
22 Prince Philip Road, St Stephens, Launceston, PL15 8BZ	£165,000	£150,000	-£15,000	09 Dec 2024	03 Jul 2025	206 Days
44 Cross Lanes, St Stephens, Launceston, PL15 8JL	£212,000	£200,000	-£12,000	17 Sep 2024	13 Jun 2025	269 Days
10 Garcia Terrace, Race Hill, Launceston, PL15 9BY	£219,950	£215,000	-£4,950	27 Mar 2025	13 Jun 2025	78 Days
2 Old Tree Lodge, Trebursye Hill, Launceston, PL15 7ET	£219,950	£180,500	-£39,450	27 Mar 2025	11 Jun 2025	76 Days
7 Trelawney Close, Warbstow, Launceston, PL15 8UY	£250,000	£250,000	£0	30 May 2025	03 Jun 2025	4 Days
Boslowen, Ridgegrove Lane, St Stephens, Launceston, PL15 8EE	£250,000	£205,000	-£45,000	30 May 2025	02 Jun 2025	3 Days

Most Expensive Streets in PL15 (Launceston)

Postcode	Street	Area	Average	No. of Sales
PL15 9PE	Lawhitton	Launceston	£717,500	4
PL15 8PS	St Clether	Launceston	£638,333	3
PL15 9NX	Rezare	Launceston	£614,285	7
PL15 7EL	Trebursye Road	Launceston	£601,875	4
PL15 9NN	Penscombe Barns, Lezant	Launceston	£587,500	6
PL15 8UW	Canworthy Water	Launceston	£552,716	9
PL15 8RL	Access To Cardew Farm, Warbstow	Launceston	£548,000	5
PL15 8QF	Pool Road, Trewen	Launceston	£546,250	4
PL15 9PH	Trekenner, Lezant	Launceston	£525,500	4
PL15 9PP	Lezant	Launceston	£523,625	4

Least Expensive Streets in PL15 (Launceston)

Postcode	Street	Area	Average	No. of Sales
PL15 8XA	Market Court, Market Street, Launceston	Launceston	£68,625	4
PL15 7AZ	Westgate Mews, Dockey	Launceston	£82,083	12
PL15 8ER	High Street	Launceston	£84,625	4
PL15 8AT	Church Stile Flats, Church Stile	Launceston	£99,500	4
PL15 9DR	Manaton Court, Dunheved Road	Launceston	£111,150	13
PL15 9DH	Southernhaye, Windmill Lane	Launceston	£111,225	4
PL15 8QS	Prouts Court, Tavistock Road	Launceston	£114,583	6
PL15 8AY	Castle Dyke	Launceston	£115,983	3
PL15 9EL	Prouts Mews, A388 Between Dockacre Road And Polson Bridge	Launceston	£124,000	5
PL15 9HF	Tavistock Road	Launceston	£125,555	9