Sold STC Flat

1A

HENDRA VALE, LAUNCESTON, CORNWALL PL15 7HE

2 beds 1 baths 484 sq ft Listed 21 Apr 2023 (-1146d)

£129,950

Guide Price

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# 2 bedroom flat for sale (PL15 7HE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 1A, HENDRA VALE, LAUNCESTON, CORNWALL PL15 7HE |
| Price | £129,950 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1991-1995 |
| Floor area | 45 m² |
| Last sold | £124,000 Nov 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Current heating cost:** £210/year
- **Est. upgrade cost to C:** £655

### Recommendations
- Y (£585 - £725)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2063-3009-5208-0489-2200)

## Description

The accommodation includes an entrance hallway with doors to all the rooms with the back bedroom a good double size with a rear facing window. The second bedroom is at the front of the property and has an airing cupboard which houses the central heating boiler. there is a well appointed shower room and an impressive open-plan kitchen and living room with an expansive picture window at the front providing plenty of light.

**Communal Hall** -

**Entrance Hallway** -

**Living Room & Kitchen** - 4.35m x 3.51m (14'3" x 11'6") -

**Bedroom 1** - 3.32m x 2.58m (10'10" x 8'5") -

**Bedroom 2** - 4.37m x 2.05m (14'4" x 6'8") -

**Shower Room** - 2.26m x 1.30m (7'4" x 4'3") -

**Services** - Mains Electricity, Water & Drainage.

Electric Heating.

Council Tax Band A.

**Agents Note** - The property is held on a leasehold tenure, with a 999 year lease from new with 982 years remaining as of 2023 with a peppercorn rent.

## Property Photos

- ![New Front.jpeg](/listings/photos/133930913/554976) - New Front.jpeg
- ![Kitchen](/listings/photos/133930913/554980) - Kitchen
- ![Bedroom](/listings/photos/133930913/554984) - Bedroom
- ![Kitchen/Living Room](/listings/photos/133930913/554991) - Kitchen/Living Room
- ![New Front 1.jpeg](/listings/photos/133930913/554997) - New Front 1.jpeg
- ![Shower Room](/listings/photos/133930913/554998) - Shower Room
- ![Kitchen/Living Room](/listings/photos/133930913/555005) - Kitchen/Living Room
- ![Bedroom](/listings/photos/133930913/555009) - Bedroom
- ![New Front 2.jpeg](/listings/photos/133930913/555016) - New Front 2.jpeg
- ![Bedroom](/listings/photos/133930913/555022) - Bedroom

## Floorplans

- ![Floorplan Blue.jpg](/listings/photos/133930913/555026) - Floorplan Blue.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/133930913/555027) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1A HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE | £124,000 | 08/11/2023 | Flat |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| MANATON COURT 31 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR | £100,000 | 17/01/2025 | Flat |
| DUCHY VIEW 5 WESTERN ROAD, LAUNCESTON, CORNWALL, PL15 7BQ | £124,000 | 20/12/2023 | Flat |
| DOWR CLOSE 11 WESTERN ROAD, LAUNCESTON, CORNWALL, PL15 7BJ | £120,000 | 06/10/2023 | Flat |
| MANATON COURT 2 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR | £110,000 | 22/09/2023 | Flat |
| [Same street] 24 HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE | £215,000 | 28/04/2023 | Detached |
| 4 CHAPEL PARK GARDENS, LAUNCESTON, CORNWALL, PL15 7BT | £124,000 | 22/12/2022 | Flat |
| [Same street] 1 FLAT 1 HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE | £153,000 | 29/09/2022 | Flat |
| MANATON COURT 27 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR | £95,000 | 23/09/2022 | Flat |
| [Same street] 5 HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE | £230,000 | 21/09/2022 | Terraced |
| DOWR CLOSE 2 WESTERN ROAD, LAUNCESTON, CORNWALL, PL15 7BJ | £135,000 | 21/09/2022 | Flat |
| MANATON COURT 6 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR | £125,000 | 12/08/2022 | Flat |
| [Same street] 1C HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE | £129,950 | 22/07/2022 | Flat |
| MANATON COURT 26 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR | £100,000 | 14/07/2022 | Flat |
| [Same street] 15A HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE | £290,000 | 01/07/2022 | Semi-detached |
| MANATON COURT 1 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR | £135,000 | 08/06/2022 | Flat |
| NORTH HALL COURT 5 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9JF | £140,000 | 01/04/2022 | Flat |
| MANATON COURT 11 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR | £120,000 | 14/12/2021 | Flat |
| DOWR CLOSE 3 WESTERN ROAD, LAUNCESTON, CORNWALL, PL15 7BJ | £110,000 | 10/12/2021 | Flat |
| [Same street] 9 HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE | £215,000 | 30/11/2021 | Terraced |
| MANATON COURT 30 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR | £89,000 | 24/08/2021 | Flat |
| MANATON COURT 2 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR | £135,000 | 05/08/2021 | Flat |
| 47 FLAT 1 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9JF | £200,000 | 08/07/2021 | Flat |

**Street average:** £205,492 (6 sales)
**Area average:** £122,625 (16 sales)

## Price vs local average

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

- **Local average:** £80,167 (3 Flat, PL15, 2024–2026)
- **Deviation:** +62.1%

## Rental Range

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

- **Low:** £902/mo
- **Realistic:** £1,002/mo
- **Optimistic:** £1,102/mo

## 1% Rule

- **Rent ratio:** 0.77% (weak for cashflow)
- **Max investor price (0.8%):** £125,250
- **Target investor price (1%):** £100,200

*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.*

## Price per Square Metre

- **£/m²:** £2,888/m²

## Capital growth trend

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

- **5y growth:** -31.7%
- **10y growth:** -21.9%

## House Price Index (HM Land Registry)

*Official index for Cornwall; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -7%
- **5y growth (index):** -2.2%
- **10y growth (index):** 17.9%

## 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)

New Front.jpeg Kitchen Bedroom Kitchen/Living Room New Front 1.jpeg Shower Room Kitchen/Living Room Bedroom New Front 2.jpeg Bedroom

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Property details

Tenure

LEASEHOLD

Floor area

45 m²

EPC rating

Year built

England and Wales: 1991-1995

Last sold

£124,000 Nov 2023

Price per m²

£2,888/m²

Local average

£80,167 (+62.1%)

Deprivation

Decile 5 (15,396 of 33,755)

Street crime

77 incidents within 1 mile (Apr 2026)

Additional details

Parking: Yes

Description

A well presented 2 bedroom first floor apartment situated in a popular residential area with a parking space and within walking distance of the local convenience store. This property may appeal to first time or investment buyers alongside those wanting to live close proximity to amenities and is offered for sale with no onward chain. The property is double glazed with electric central heating.

The accommodation includes an entrance hallway with doors to all the rooms with the back bedroom a good double size with a rear facing window. The second bedroom is at the front of the property and has an airing cupboard which houses the central heating boiler. there is a well appointed shower room and an impressive open-plan kitchen and living room with an expansive picture window at the front providing plenty of light.

Communal Hall -

Entrance Hallway -

Living Room & Kitchen - 4.35m x 3.51m (14'3" x 11'6") -

Bedroom 1 - 3.32m x 2.58m (10'10" x 8'5") -

Bedroom 2 - 4.37m x 2.05m (14'4" x 6'8") -

Shower Room - 2.26m x 1.30m (7'4" x 4'3") -

Services - Mains Electricity, Water & Drainage.
Electric Heating.
Council Tax Band A.

Agents Note - The property is held on a leasehold tenure, with a 999 year lease from new with 982 years remaining as of 2023 with a peppercorn rent.

Listed by

Launceston

View Property

Reference: 133930913

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 26/08/2021

Current heating cost: £210/year

Potential heating cost: £210/year

Est. upgrade cost to C: £655

Recommendations

Heat recovery system for mixer showers (£585 - £725)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan Blue.jpg

EPC Graphs

EE Rating

Price history

Event	Date	Price	% change
Sold	08/11/2023 (2 years ago)	£124,000	—

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
MANATON COURT 31 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR	£100,000	17/01/2025	Flat
DUCHY VIEW 5 WESTERN ROAD, LAUNCESTON, CORNWALL, PL15 7BQ	£124,000	20/12/2023	Flat
DOWR CLOSE 11 WESTERN ROAD, LAUNCESTON, CORNWALL, PL15 7BJ	£120,000	06/10/2023	Flat
MANATON COURT 2 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR	£110,000	22/09/2023	Flat
Same street 24 HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE	£215,000	28/04/2023	Detached
4 CHAPEL PARK GARDENS, LAUNCESTON, CORNWALL, PL15 7BT	£124,000	22/12/2022	Flat
Same street 1 FLAT 1 HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE	£153,000	29/09/2022	Flat
MANATON COURT 27 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR	£95,000	23/09/2022	Flat
Same street 5 HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE	£230,000	21/09/2022	Terraced
DOWR CLOSE 2 WESTERN ROAD, LAUNCESTON, CORNWALL, PL15 7BJ	£135,000	21/09/2022	Flat
MANATON COURT 6 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR	£125,000	12/08/2022	Flat
Same street 1C HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE	£129,950	22/07/2022	Flat
MANATON COURT 26 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR	£100,000	14/07/2022	Flat
Same street 15A HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE	£290,000	01/07/2022	Semi-detached
MANATON COURT 1 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR	£135,000	08/06/2022	Flat
NORTH HALL COURT 5 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9JF	£140,000	01/04/2022	Flat
MANATON COURT 11 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR	£120,000	14/12/2021	Flat
DOWR CLOSE 3 WESTERN ROAD, LAUNCESTON, CORNWALL, PL15 7BJ	£110,000	10/12/2021	Flat
Same street 9 HENDRA VALE, LAUNCESTON, CORNWALL, PL15 7HE	£215,000	30/11/2021	Terraced
MANATON COURT 30 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR	£89,000	24/08/2021	Flat
MANATON COURT 2 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9DR	£135,000	05/08/2021	Flat
47 FLAT 1 DUNHEVED ROAD, LAUNCESTON, CORNWALL, PL15 9JF	£200,000	08/07/2021	Flat

Street average: £205,492 (6 sales)

Area average: £122,625 (16 sales)

Capital growth trend

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

5y growth -31.7%

10y growth -21.9%

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

1y (index) -7%

5y (index) -2.2%

10y (index) 17.9%

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

Map view View on Google Maps View on OpenStreetMap Street View PL15 7HE

Nearby

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

Type	Name	Distance
Bus stop	Jet Garage	0.0 miles
Shop	Windmill Centre	0.3 miles
Shop	Blades	0.3 miles
Train station	Launceston	0.6 miles
Train station	Newmills	1.9 miles
Hospital	Tavistock Hospital	11.0 miles
Hospital	WW2 RAF Davidstow Sick Quarters	11.3 miles

Street-level crime

Category	Count
Violence and sexual offences	39
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	77

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 Catherine's CofE Primary School	Primary	0.4 miles	Good — 20 May 2019
Launceston College	Secondary	0.4 miles	Good — 28 Jun 2023
Launceston Primary School	Primary	0.6 miles	Good — 29 Feb 2024
St Josephs School	Other	0.8 miles	— (No rating)

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.77%

Max investor price (0.8%) £125,250

Target investor price (1%) £100,200

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).