Sold STC Terraced

5 ST STEPHENS HILL

LAUNCESTON, CORNWALL PL15 8HN

5 beds 2 baths Listed 25 Sep 2023 (-1041d)

£250,000

Guide Price

Reduced on 26 Apr 2024

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# 5 bedroom terraced house for sale (PL15 8HN)

## Property Details

| Key | Value |
|-----|-------|
| Address | 5 ST STEPHENS HILL, LAUNCESTON, CORNWALL PL15 8HN |
| Price | £250,000 |
| Bedrooms | 5 |
| Bathrooms | 2 |
| Council tax | C |
| Last sold | £250,000 Oct 2024 |

## Description

Launceston, the gateway to Cornwall, is an historic market town in North Cornwall right on the Cornwall/Devon border offering good access to the Cornish coast and Bodmin Moor. The town is famous for the castle which dates back to medieval times and dominates the landscape sitting proudly at the highest point. The property is situated on St Stephens hill being close to range of day-to-day facilities including local Co-op, Spar, Subway, White Horse Inn, primary schools, St Stephens Church and Newport Industrial Estate. The town of Launceston lies within 1 mile of the property and boasts a comprehensive range of shopping, commercial, educational and recreational facilities and lies adjacent to the A30 trunk road giving access to Truro & West Cornwall in one direction and Exeter and beyond in the opposite direction. The nearest mainline train stations can be found in Gunnislake and Liskeard, being approximately 16 and 20 miles respectively from Launceston.

**Directions**

From Launceston town proceed out onto St Thomas Road. Continue through the traffic lights until reaching the roundabout at the bottom of St Stephens, going straight on and up the hill the property can be found on the left hand side

## Property Photos

- ![Main](/listings/photos/140423477/498606) - Main
- ![Rear Of Property](/listings/photos/140423477/498608) - Rear Of Property
- ![Kitchen](/listings/photos/140423477/498609) - Kitchen
- ![Lounge](/listings/photos/140423477/498612) - Lounge
- ![Lounge](/listings/photos/140423477/498614) - Lounge
- ![Dining Room](/listings/photos/140423477/498619) - Dining Room
- ![Garden Room/Office](/listings/photos/140423477/498623) - Garden Room/Office
- ![Bedroom 2](/listings/photos/140423477/498627) - Bedroom 2
- ![Bedroom 4](/listings/photos/140423477/498628) - Bedroom 4
- ![Bedroom 3](/listings/photos/140423477/498634) - Bedroom 3
- ![Family Bathroom](/listings/photos/140423477/498636) - Family Bathroom
- ![Shower Room](/listings/photos/140423477/498643) - Shower Room
- ![Front Courtyard](/listings/photos/140423477/498649) - Front Courtyard
- ![Rear Garden](/listings/photos/140423477/498652) - Rear Garden
- ![Garden](/listings/photos/140423477/498657) - Garden
- ![Workshop](/listings/photos/140423477/498663) - Workshop

## Floorplans

- ![Floorplan](/listings/photos/140423477/498664) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/140423477/498667) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 5 ST STEPHENS HILL, LAUNCESTON, CORNWALL, PL15 8HN | £250,000 | 02/10/2024 | Terraced |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 HORWELL VILLAS, LAUNCESTON, CORNWALL, PL15 8DJ | £165,000 | 20/12/2023 | Terraced |
| 7 ST STEPHENS HILL, LAUNCESTON, CORNWALL, PL15 8HN | £185,000 | 25/05/2023 | Terraced |
| 13 ST STEPHENS HILL, LAUNCESTON, CORNWALL, PL15 8HN | £420,000 | 21/03/2023 | Terraced |
| RAINBOWS END WESTBRIDGE ROAD, LAUNCESTON, CORNWALL, PL15 8HS | £222,500 | 15/12/2022 | Terraced |
| 1 CAUSLEY CLOSE, LAUNCESTON, CORNWALL, PL15 8XN | £160,000 | 07/12/2022 | Terraced |
| 13 TREDYDAN ROAD, LAUNCESTON, CORNWALL, PL15 8HY | £217,000 | 30/09/2022 | Terraced |
| 4 CULVERS MEADOW, LAUNCESTON, CORNWALL, PL15 8RR | £175,000 | 29/07/2022 | Terraced |
| 2 CULVERS MEADOW, LAUNCESTON, CORNWALL, PL15 8RR | £180,000 | 26/07/2022 | Terraced |
| 4 TRELOAR TERRACE, LAUNCESTON, CORNWALL, PL15 8HX | £167,500 | 04/03/2022 | Terraced |
| 29 PRIORY PARK ROAD, LAUNCESTON, CORNWALL, PL15 8JD | £185,000 | 14/02/2022 | Terraced |
| 17 ST STEPHENS HILL, LAUNCESTON, CORNWALL, PL15 8HN | £159,000 | 22/12/2021 | Terraced |
| 4 TREDYDAN ROAD, LAUNCESTON, CORNWALL, PL15 8HY | £185,000 | 15/10/2021 | Terraced |
| 1 PRIORY MEWS, LAUNCESTON, CORNWALL, PL15 8GY | £295,000 | 29/09/2021 | Terraced |

**Area average:** £208,923 (13 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £255,222 (9 Terraced, PL15, 2024–2026)
- **Deviation:** -2%

## Rental Range

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

- **Low:** £905/mo
- **Realistic:** £1,005/mo
- **Optimistic:** £1,106/mo

## 1% Rule

- **Rent ratio:** 0.4% (weak for cashflow)
- **Max investor price (0.8%):** £125,625
- **Target investor price (1%):** £100,500

*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 Area rent estimate.*

## Capital growth trend

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

- **5y growth:** 39.8%
- **10y growth:** 24.8%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 2.6%
- **5y growth (index):** 10.5%
- **10y growth (index):** 37.4%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

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

Listing type

Auction

Main Rear Of Property Kitchen Lounge Lounge Dining Room Garden Room/Office Bedroom 2 Bedroom 4 Bedroom 3 Family Bathroom Shower Room Front Courtyard Rear Garden Garden Workshop

/ 16

Property details

Listing category

Auction

Tenure

FREEHOLD

Council tax band

Last sold

£250,000 Oct 2024

Local average

£255,222 (-2%)

Deprivation

Decile 4 (11,673 of 33,755)

Street crime

58 incidents within 1 mile (May 2026)

Key features

Character Mid-Terrace Cottage
Grade II Listed
5 Bedrooms
3 Reception Rooms
Large Garden
Mains Gas Fired Central Heating
Detached Workshop
On-Street Parking
Council Tax Band C

Additional details

Garden: Yes

Description

An exciting opportunity to acquire this 5 bedroom mid terrace Grade II listed cottage bursting with character features. The property briefly comprise of a kitchen, lounge, dining room, garden room/office,WC, 5 bedrooms, shower room and bathroom. To the front of the property is on street parking and gravelled courtyard. The rear of the property benefits from a sunny aspect large garden, detached workshop and views of Launceston castle. The property benefits from mains gas central heating and is offered with NO ONWARD CHAIN. EPC Rating - D

Launceston, the gateway to Cornwall, is an historic market town in North Cornwall right on the Cornwall/Devon border offering good access to the Cornish coast and Bodmin Moor. The town is famous for the castle which dates back to medieval times and dominates the landscape sitting proudly at the highest point. The property is situated on St Stephens hill being close to range of day-to-day facilities including local Co-op, Spar, Subway, White Horse Inn, primary schools, St Stephens Church and Newport Industrial Estate. The town of Launceston lies within 1 mile of the property and boasts a comprehensive range of shopping, commercial, educational and recreational facilities and lies adjacent to the A30 trunk road giving access to Truro & West Cornwall in one direction and Exeter and beyond in the opposite direction. The nearest mainline train stations can be found in Gunnislake and Liskeard, being approximately 16 and 20 miles respectively from Launceston.

Directions
From Launceston town proceed out onto St Thomas Road. Continue through the traffic lights until reaching the roundabout at the bottom of St Stephens, going straight on and up the hill the property can be found on the left hand side

Listed by

Bude

Bond Oxborough Phillips

Reference: 140423477

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Sold	02/10/2024 (1 year ago)	£250,000	—

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
1 HORWELL VILLAS, LAUNCESTON, CORNWALL, PL15 8DJ	£165,000	20/12/2023	Terraced
7 ST STEPHENS HILL, LAUNCESTON, CORNWALL, PL15 8HN	£185,000	25/05/2023	Terraced
13 ST STEPHENS HILL, LAUNCESTON, CORNWALL, PL15 8HN	£420,000	21/03/2023	Terraced
RAINBOWS END WESTBRIDGE ROAD, LAUNCESTON, CORNWALL, PL15 8HS	£222,500	15/12/2022	Terraced
1 CAUSLEY CLOSE, LAUNCESTON, CORNWALL, PL15 8XN	£160,000	07/12/2022	Terraced
13 TREDYDAN ROAD, LAUNCESTON, CORNWALL, PL15 8HY	£217,000	30/09/2022	Terraced
4 CULVERS MEADOW, LAUNCESTON, CORNWALL, PL15 8RR	£175,000	29/07/2022	Terraced
2 CULVERS MEADOW, LAUNCESTON, CORNWALL, PL15 8RR	£180,000	26/07/2022	Terraced
4 TRELOAR TERRACE, LAUNCESTON, CORNWALL, PL15 8HX	£167,500	04/03/2022	Terraced
29 PRIORY PARK ROAD, LAUNCESTON, CORNWALL, PL15 8JD	£185,000	14/02/2022	Terraced
17 ST STEPHENS HILL, LAUNCESTON, CORNWALL, PL15 8HN	£159,000	22/12/2021	Terraced
4 TREDYDAN ROAD, LAUNCESTON, CORNWALL, PL15 8HY	£185,000	15/10/2021	Terraced
1 PRIORY MEWS, LAUNCESTON, CORNWALL, PL15 8GY	£295,000	29/09/2021	Terraced

Area average: £208,923 (13 sales)

Capital growth trend

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

5y growth 39.8%

10y growth 24.8%

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

1y (index) 2.6%

5y (index) 10.5%

10y (index) 37.4%

Rental Range

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

Low £905/mo

Realistic £1,005/mo

Optimistic £1,106/mo

Based on Local Authority from postcode lookup → Cornwall.

Location

Map view View on Google Maps View on OpenStreetMap Street View PL15 8HN

Nearby

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

Type	Name	Distance
Bus stop	Newport	0.0 miles
Bus stop	Broad Park	0.1 miles
Train station	Launceston	0.2 miles
Shop	Unknown	0.2 miles
Train station	Newmills	1.7 miles
Hospital	WW2 RAF Davidstow Sick Quarters	11.2 miles
Hospital	Tavistock Hospital	11.4 miles

Street-level crime

Category	Count
Violence and sexual offences	32
Other theft	7
Public order	6
Anti-social behaviour	5
Criminal damage and arson	4
Other crime	2
Possession of weapons	1
Vehicle crime	1
Total incidents	58

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
St Josephs School	Other	0.1 miles	— (No rating)
St Stephens Community Academy	Primary	0.3 miles	Good — 15 Sep 2024
Windmill Hill Academy	Primary	0.7 miles	Good — 27 Feb 2012
St Catherine's CofE Primary School	Primary	0.9 miles	Good — 20 May 2019
Launceston College	Secondary	1.0 miles	Good — 28 Jun 2023

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.4%

Max investor price (0.8%) £125,625

Target investor price (1%) £100,500

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).