Detached

8 CHOUGH CLOSE

LAUNCESTON, CORNWALL, PL15 9JZ

£375,000

Location

Map view View on Google Maps View on OpenStreetMap Street View PL15 9JZ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Tesco	0.4 miles
Shop	Topps Tiles	0.5 miles
Hospital	Launceston Community Hospital	0.7 miles
Train station	Launceston	1.2 miles

Property details

Tenure

Freehold

Property type

Detached

Bedrooms

Bathrooms

Floor area

142 m²

EPC rating

Last sold

£375,000 Feb 2026

Price per m²

£2,641/m²

Local average

£405,214 (37 sales)

Street crime

46 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 09/10/2016

Expiry date: 08/10/2026

Current heating cost: £931/year

Potential heating cost: £846/year

Est. upgrade cost to C: £13,700

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Floor insulation (suspended floor) (£800 - £1,200)
Solar water heating (£4,000 - £6,000)
Replacement glazing units (£1,000 - £1,400)
Solar photovoltaic panels, 2.5 kWp (£5,000 - £8,000)

View full EPC on gov.uk

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	20/02/2026	£375,000	Detached	—	£379,918 to April 2026	View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event	Date	Price
sold	01/01/2026	£375,000
listed	10/09/2025	£385,000
sold	01/01/2007	£249,950
sold	01/01/2003	£176,950

Photos · Open listing

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
88 CHESTNUT DRIVE, LAUNCESTON, CORNWALL, PL15 9GP	£338,000	19/12/2025	Detached
3 BLUEBELL WAY, LAUNCESTON, CORNWALL, PL15 9JU	£322,500	10/12/2025	Detached
5 BLUEBELL WAY, LAUNCESTON, CORNWALL, PL15 9JU	£311,700	24/11/2023	Detached
17 CHESTNUT DRIVE, LAUNCESTON, CORNWALL, PL15 9GN	£328,000	31/05/2023	Detached
6 CAMPION CLOSE, LAUNCESTON, CORNWALL, PL15 9GG	£159,950	21/04/2023	Detached
3 CHERRY WAY, LAUNCESTON, CORNWALL, PL15 9GR	£408,000	20/12/2022	Detached
6 GOLDFINCH CLOSE, LAUNCESTON, CORNWALL, PL15 9JX	£375,000	02/12/2022	Detached
31 SNOWDROP CRESCENT, LAUNCESTON, CORNWALL, PL15 9JS	£310,000	16/11/2022	Detached
3 GREGORYS MEADOW, LAUNCESTON, CORNWALL, PL15 9QZ	£400,000	08/04/2022	Detached
13 CHESTNUT DRIVE, LAUNCESTON, CORNWALL, PL15 9GN	£365,000	25/03/2022	Detached
5 CHESTNUT DRIVE, LAUNCESTON, CORNWALL, PL15 9GN	£353,000	18/03/2022	Detached
5 GREGORYS MEADOW, LAUNCESTON, CORNWALL, PL15 9QZ	£365,000	03/12/2021	Detached
16 SNOWDROP CRESCENT, LAUNCESTON, CORNWALL, PL15 9JS	£290,000	26/11/2021	Detached
12 BLUEBELL WAY, LAUNCESTON, CORNWALL, PL15 9JU	£318,000	31/08/2021	Detached
17 ROBIN DRIVE, LAUNCESTON, CORNWALL, PL15 9JY	£315,000	26/08/2021	Detached
5 CHOUGH CLOSE, LAUNCESTON, CORNWALL, PL15 9JZ	£359,625	16/08/2021	Detached

Area average: £332,423 (16 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 32%

10y growth 82%

House Price Index (HM Land Registry — official index, not sold-price averages): Cornwall. Series: Detached. As of April 2026.

1y (index) 2.9%

5y (index) 10.6%

10y (index) 36.3%

Rental Range

Estimated market rent for Cornwall. Low = conservative, Realistic = average, Optimistic = best case.

Low £903/mo

Realistic £1,003/mo

Optimistic £1,103/mo

Based on Local Authority from postcode lookup → Cornwall.

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 4-bedroom count for this property). Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Terraced House, The Village, PL15	£850/mo	2	1.12 miles	OpenRent

Average rent: £850/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.23%

Max investor price (0.8%) £106,250

Target investor price (1%) £85,000

Gross yield 2.7%

Cost-to-rent ratio 36.8×

Monthly cashflow £-737/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -8.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category	Count
Violence and sexual offences	20
Other theft	7
Public order	7
Anti-social behaviour	4
Criminal damage and arson	2
Possession of weapons	2
Shoplifting	2
Burglary	1
Other crime	1
Total incidents	46

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Launceston Primary School	Primary	0.4 miles	Good — 29 Feb 2024
Launceston College	Secondary	0.6 miles	Good — 28 Jun 2023
Windmill Hill Academy	Primary	0.8 miles	Good — 27 Feb 2012
St Catherine's CofE Primary School	Primary	1.3 miles	Good — 20 May 2019
St Josephs School	Other	1.5 miles	— (No rating)

FENSA

Checking FENSA certificates for this address. Refresh in a few minutes.

# 8 CHOUGH CLOSE, LAUNCESTON, CORNWALL, PL15 9JZ

## Property details

- Slug: `7cad153` (address key hash: `7cad153d9bf964e8da42f187a0846679ce1803f6`)
- Postcode: PL15 9JZ
- Transactions on record: 1

- Tenure: Freehold
- Property type: Detached
- Bedrooms: 4
- Bathrooms: 2
- Floor area: 142 m²
- EPC rating: D
- Last sold: £375,000 Feb 2026
- Price per m²: £2,641/m²
- Local average: £405,214 (37 sales)
- Street crime: 46 incidents within 1 mile (May 2026)

## Latest sale

- Price: £375,000
- Date: 2026-02-20
- Type: D
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 08/10/2026
- **Current heating cost:** £931/year
- **Est. upgrade cost to C:** £13,700

### Recommendations
- W1 (£800 - £1,200)
- N (£4,000 - £6,000)
- O3 (£1,000 - £1,400)
- U (£5,000 - £8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8426-7720-4669-0781-4906)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-02-20 | £375,000 | Detached | — | £379,918 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/4e75c29c-eee1-8922-e063-4804a8c094d0) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 8 CHOUGH CLOSE, LAUNCESTON, CORNWALL, PL15 9JZ | £375,000 | 20/02/2026 | Detached |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [166825637](http://87.117.209.195:8080/listings/3c8463a)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £375,000 |
| listed | 2025-09-10 | £385,000 |
| sold | 2007-01-01 | £249,950 |
| sold | 2003-01-01 | £176,950 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 88 CHESTNUT DRIVE, LAUNCESTON, CORNWALL, PL15 9GP | £338,000 | 19/12/2025 | Detached |
| 3 BLUEBELL WAY, LAUNCESTON, CORNWALL, PL15 9JU | £322,500 | 10/12/2025 | Detached |
| 5 BLUEBELL WAY, LAUNCESTON, CORNWALL, PL15 9JU | £311,700 | 24/11/2023 | Detached |
| 17 CHESTNUT DRIVE, LAUNCESTON, CORNWALL, PL15 9GN | £328,000 | 31/05/2023 | Detached |
| 6 CAMPION CLOSE, LAUNCESTON, CORNWALL, PL15 9GG | £159,950 | 21/04/2023 | Detached |
| 3 CHERRY WAY, LAUNCESTON, CORNWALL, PL15 9GR | £408,000 | 20/12/2022 | Detached |
| 6 GOLDFINCH CLOSE, LAUNCESTON, CORNWALL, PL15 9JX | £375,000 | 02/12/2022 | Detached |
| 31 SNOWDROP CRESCENT, LAUNCESTON, CORNWALL, PL15 9JS | £310,000 | 16/11/2022 | Detached |
| 3 GREGORYS MEADOW, LAUNCESTON, CORNWALL, PL15 9QZ | £400,000 | 08/04/2022 | Detached |
| 13 CHESTNUT DRIVE, LAUNCESTON, CORNWALL, PL15 9GN | £365,000 | 25/03/2022 | Detached |
| 5 CHESTNUT DRIVE, LAUNCESTON, CORNWALL, PL15 9GN | £353,000 | 18/03/2022 | Detached |
| 5 GREGORYS MEADOW, LAUNCESTON, CORNWALL, PL15 9QZ | £365,000 | 03/12/2021 | Detached |
| 16 SNOWDROP CRESCENT, LAUNCESTON, CORNWALL, PL15 9JS | £290,000 | 26/11/2021 | Detached |
| 12 BLUEBELL WAY, LAUNCESTON, CORNWALL, PL15 9JU | £318,000 | 31/08/2021 | Detached |
| 17 ROBIN DRIVE, LAUNCESTON, CORNWALL, PL15 9JY | £315,000 | 26/08/2021 | Detached |
| 5 CHOUGH CLOSE, LAUNCESTON, CORNWALL, PL15 9JZ | £359,625 | 16/08/2021 | Detached |

**Area average:** £332,423 (16 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 32%
- **10y growth:** 82%

## House Price Index (HM Land Registry)

*Official index for Cornwall; Detached series; as of April 2026.*

- **1y growth (index):** 2.9%
- **5y growth (index):** 10.6%
- **10y growth (index):** 36.3%

## Rental Range

*ONS Price Index of Private Rents (Cornwall). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £903/mo
- **Realistic:** £1,003/mo
- **Optimistic:** £1,103/mo

## Rental Comparables

*Residential lets in the area (all bedroom counts shown — none matched the 4-bedroom count for this property). Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, The Village, PL15 | £850/mo | 2 | 1.12 miles | OpenRent |

**Average rent: £850/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.23% (weak for cashflow)
- **Max investor price (0.8%):** £106,250
- **Target investor price (1%):** £85,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £850/mo).*

- **Gross yield:** 2.7%
- **Cost-to-rent:** 36.8×
- **Monthly cashflow:** £-737/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -8.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 20 |
| Other theft | 7 |
| Public order | 7 |
| Anti-social behaviour | 4 |
| Criminal damage and arson | 2 |
| Possession of weapons | 2 |
| Shoplifting | 2 |
| Burglary | 1 |
| Other crime | 1 |
| **Total incidents** | **46** |

*Within 1 mile during May 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Launceston Primary School | Primary | 0.4 miles | Good — 29 Feb 2024 |
| Launceston College | Secondary | 0.6 miles | Good — 28 Jun 2023 |
| Windmill Hill Academy | Primary | 0.8 miles | Good — 27 Feb 2012 |
| St Catherine's CofE Primary School | Primary | 1.3 miles | Good — 20 May 2019 |
| St Josephs School | Other | 1.5 miles | — (No rating) |