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2 Church Lea, Launceston, North Cornwall, Cornwall, PL15 8QZ

How much is 2 Church Lea, Launceston, North Cornwall, Cornwall, PL15 8QZ worth?

Estimated value — November 2026

£394,000

Likely range £308,000 – £464,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale December 1997

60%

confidence

Medium

Typically within 10% of the sale price

Property details

Detached house

Church Lea · Launceston · PL15 8QZ

118 m²1,270 sq ftFloor area
2003-2006Built
Mains gas boilerHeating

Energy performance

Current ratingA92
PotentialA92

Mains Gas (Not Community) · EPC 3835-3720-0209-0862-5202 · inspected October 2025

Address

District
North Cornwall
County
Cornwall
See house prices in PL15 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£200k£400k£600k20002002200420062008201020122014201620182020202220242026£394,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£118,751£101,807 – £137,062
2001£140,058£118,808 – £161,713
2002£189,744£159,372 – £220,532
2003£219,703£182,773 – £256,399
2004£253,918£209,812 – £295,821
2005£255,134£209,546 – £297,204
2006£273,872£223,177 – £319,496
2007£292,330£235,971 – £342,614
2008£254,098£203,622 – £298,247
2009£259,367£206,378 – £306,142
2010£273,639£217,843 – £323,671
2011£263,626£209,303 – £313,383
2012£259,202£205,626 – £309,888
2013£266,804£234,300 – £293,261
2014£280,074£243,821 – £309,582
2015£296,999£256,294 – £330,131
2016£296,795£253,858 – £331,744
2017£312,078£264,553 – £350,761
2018£323,364£271,659 – £365,450
2019£328,654£273,600 – £373,465
2020£364,875£300,976 – £416,886
2021£392,919£321,117 – £451,363
2022£437,508£354,226 – £505,296
2023£413,304£331,482 – £479,903
2024£408,908£324,843 – £477,333
2025£396,467£311,941 – £465,267
2026£394,000£308,000 – £464,000

Sale history

1995Sold
£89,950
1997Sold
-6%£85,000
2026Today — estimated
+364%£394,000

Mortgage calculator

£2,115

Estimated monthly repayment

£354,600

Loan amount

£406,663

Total interest

£761,263

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

2 Church Lea, Launceston, North Cornwall, Cornwall, PL15 8QZ is a detached house on Church Lea in Launceston, Cornwall. Stede's estimated value for November 2026 is £394,000. Four in five similar homes sold within their likely range when tested; for this property that range is £308,000 to £464,000. It combines their price per m² applied to its floor area (50%), its own last sale brought up to date with the House Price Index (25%) and recent sales of 70 similar homes in the same postcode sector (25%). The confidence score is 60 out of 100 (medium): estimates like this one are typically within 10% of the eventual sale price.

It last sold in December 1997 for £85,000. It has 2 sales on record, the earliest in 1995. The current estimate is 364% higher than that price. The current owner has held it for about 29 years.

Its EPC energy-efficiency rating is band A (92 out of 100). The certificate records a total floor area of 118 m² (1,270 sq ft). It was lodged in October 2025.

The modelled value is down 1% over the past year and up 1% over the past five years.

Among 10 nearby properties Stede tracks in the PL15 area, estimated values run from £374,000 to £414,000. This detached house's £394,000 sits around the middle of that range.

Common questions

How much is 2 Church Lea, Launceston, North Cornwall, Cornwall, PL15 8QZ worth?

Stede estimates 2 Church Lea, Launceston, North Cornwall, Cornwall, PL15 8QZ is worth £394,000 as of November 2026, within a likely range of £308,000 to £464,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 2 Church Lea, Launceston, North Cornwall, Cornwall, PL15 8QZ last sell?

It last sold in December 1997 for £85,000. There are 2 sales on record, the earliest in 1995.

What type of property is 2 Church Lea, Launceston, North Cornwall, Cornwall, PL15 8QZ?

It is recorded as a Detached house on Church Lea in the PL15 postcode area.

What is the EPC rating of 2 Church Lea, Launceston, North Cornwall, Cornwall, PL15 8QZ?

2 Church Lea, Launceston, North Cornwall, Cornwall, PL15 8QZ has an EPC energy-efficiency rating of band A (92 out of 100). The certificate records a floor area of 118 m² (1,270 sq ft). EPC data is published by the Ministry of Housing, Communities & Local Government and reflects the most recent certificate on record.

How reliable is this estimate?

The confidence score is 60 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 10% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines their price per m² applied to its floor area (50%), its own last sale brought up to date with the House Price Index (25%) and recent sales of 70 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 56,151 real sales of similar homes.

  • Recent price per m² in the same postcode sector, for its 118 m²£393,49050%
  • Its sale in December 1997, brought up to today with the House Price Index£382,45225%
  • 70 similar homes sold recently in the same postcode sector£404,59225%

Estimate £394,000, likely £308,000 – £464,000

Read the full methodology and data sources →