# 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:** 26.2%
- **10y growth:** 70.2%

## 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) |