Sold STC End of terrace

1

DOCKACRE COURT, DOCKACRE ROAD, LAUNCESTON, CORNWALL PL15 8BW

2 beds 1 baths 646 sq ft Listed 31 May 2023 (-1109d)

£150,000

Guide Price

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Front Elevation Rear Garden Kitchen Lounge Bedroom 2 Bedroom 1 Bathroom Side Patio Garden Rear Patio Rear Garden Rear Elevation Rear View in Summer Rear Elevation in Summer Photo 14

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Property details

Tenure

FREEHOLD

Floor area

60 m²

Council tax band

B

EPC rating

D

Year built

England and Wales: 1991-1995

Last sold

£162,750 Aug 2023

Price per m²

£2,500/m²

Local average

£255,222 (-41.2%)

Deprivation

Decile 3 (9,033 of 33,755)

Street crime

80 incidents within 1 mile (Apr 2026)

Key features

  • OIL FIRED CENTRAL HEATING
  • DOUBLE GLAZED
  • IDEAL FIRST TIME BUY
  • INVESTMENT PROJECT
  • CLOSE TO TOWN CENTRE
  • NO ONWARD CHAIN
  • 2 BEDROOMS
  • OFF ROAD PARKING
  • SUPERB VIEWS
  • EPC D55

Additional details

Parking
Yes
Garden
Yes

Description

Set back from the road and enjoying SUPERB VIEWS is this 2 BEDROOM END OF TERRACE HOUSE requiring modernisation and updating. Generous terraced REAR GARDENS and OFF ROAD PARKING. BLOCK VIEWING FRI 31ST MARCH 2PM - 3PM. CALL NOW TO BOOK!!!

Location - Set amidst the rolling green Cornish countryside, Launceston is known as the gateway to the county and sits on the Devon border. The towns skyline is dominated by the ruins of a Norman castle that stands high on a hillside with dramatic views over Bodmin moor and Dartmoor. The castle was a strategically important building after the Norman Conquest and its green was used for executions until the 19th century. Launceston is situated between the north and south coasts, so is convenient for beaches and the Cornish countryside. Out of town there is a Marks and Spencer Food Hall, Tesco, Argos, Iceland and Pets at Home to name a few. Launceston has some great schools. Villages surrounding Launceston also have good primary schools.The A30 will see you onto the M5 at Exeter in under 45 minutes and the A388 will get you to Plymouth in under an hour.

The Accommodation Comprises - (all measurements are approximate)

Entrance Porch - Wall mounted OIL fired central heating BOILER, serviced in October 2022. Door to:

Kitchen/Breakfast Room - 4.28m x 3.00m -

Lounge - 4.29m x 4.14m - Staircase leading to:

First Floor Landing - Access to loft space.

Bedroom 1 - 3.45m x 3.00m - Plus range of built-in wardrobes to one wall.

Bedroom 2 - 2.99m x 2.79minto recess. -

Bathroom - 1.68m x 1.96m -

Outside - At the top of the drive is a layby providing allocated parking to this property. Then the property is approached via an initially shared tarmac driveway leading down to the property. To the rear of the property is an extensive patio which leads around to the side, OIL STORAGE TANK. Steps lead down to two terraced garden areas, which is currently overgrown but offers lawns and mature shrub and tree borders. Further down, through archway, steps lead down and behind properties 2 and 3.

Services - Mains water, electricity and drainage. Heating is powered via oil fired boiler with oil tank located at the side garden.

Local Authority - Cornwall Council.

Council Band - Council Tax Band B.

Listed by

Launceston

Miller & Son

Reference: 135500915

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 14/03/2023

Expiry date: 13/03/2033

Current heating cost: £852/year

Potential heating cost: £558/year

Est. upgrade cost to C: £13,835

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Party wall insulation (£300 - £600)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Low energy lighting for all fixed outlets (£60)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #4719633

Property Details

Street: 1 Dockacre Court

Town: Dockacre Road

Postcode: PL15 8BW

Installation Details

Items: 8 windows and 2 doors

Certificate Issued: 28/05/2007

Work Completed: 03/05/2007

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

14% since 2009

Event Date Price % change
Sold 10/08/2023 (2 years ago) £162,750 +13.8%
Sold 01/06/2009 (17 years ago) £143,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

Address Price Date Type
Same street MOORVILLA DOCKACRE ROAD, LAUNCESTON, CORNWALL, PL15 8BW £606,500 12/05/2023 Detached
TIME-WELLS HOUSE CASTLE DYKE, LAUNCESTON, CORNWALL, PL15 8AY £200,000 17/11/2022 Terraced
6 KENSEY PLACE, LAUNCESTON, CORNWALL, PL15 9EJ £70,000 04/11/2022 Terraced
EXETER COURT 8 EXETER STREET, LAUNCESTON, CORNWALL, PL15 9TQ £165,000 18/03/2022 Terraced
5 KENSEY PLACE, LAUNCESTON, CORNWALL, PL15 9EJ £105,000 23/06/2021 Terraced

Street average: £606,500 (1 sale)

Area average: £135,000 (4 sales)

Capital growth trend

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

5y growth 25.2%
10y growth 51.6%

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

1y (index) -2.2%
5y (index) 10.5%
10y (index) 36.8%

Rental Range

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

Low £902/mo
Realistic £1,002/mo
Optimistic £1,102/mo

Based on Local Authority from postcode lookup → Cornwall.

Location

Nearby

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

Type Name Distance
Shop Unknown 0.1 miles
Shop Ergo 0.1 miles
Bus stop The Square 0.1 miles
Bus stop Westgate Street 0.2 miles
Train station Launceston 0.3 miles
Train station Newmills 2.1 miles
Hospital Tavistock Hospital 11.0 miles
Hospital WW2 RAF Davidstow Sick Quarters 11.6 miles

Street-level crime

Category Count
Violence and sexual offences 42
Anti-social behaviour 11
Other theft 8
Criminal damage and arson 5
Other crime 4
Burglary 3
Public order 3
Bicycle theft 1
Drugs 1
Possession of weapons 1
Robbery 1
Total incidents 80

Within 1 mile during Apr 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
Windmill Hill Academy Primary 0.3 miles Good — 27 Feb 2012
St Josephs School Other 0.5 miles (No rating)
Launceston College Secondary 0.6 miles Good — 28 Jun 2023
St Stephens Community Academy Primary 0.7 miles Good — 15 Sep 2024
Launceston Primary School Primary 0.7 miles Good — 29 Feb 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, St. Thomas Road, PL15 £500/mo 2 0.26 miles OpenRent
2 Bed Flat, St. Thomas Road, PL15 £500/mo 2 0.26 miles OpenRent
2 Bed Flat, St. Thomas Road, PL15 £550/mo 2 0.26 miles OpenRent
2 Bed Semi-Detached House, Barrabil Way, PL15 £900/mo 2 0.76 miles OpenRent

Average rent: £613/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.35%
Max investor price (0.8%) £65,625
Target investor price (1%) £52,500
Gross yield 4.2%
Cost-to-rent ratio 23.8×
Monthly cashflow £-143/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -4%
  • 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).