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23 Fair Field Park, Five Lanes, Launceston, North Cornwall, Cornwall, PL15 7RQ

How much is 23 Fair Field Park, Five Lanes, Launceston, North Cornwall, Cornwall, PL15 7RQ worth?

Estimated value — November 2026

£280,000

Likely range £227,000 – £318,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale July 2000

66%

confidence

High

Typically within 8% of the sale price

Property details

Detached house

Fair Field Park · Launceston · PL15 7RQ

75 m²807 sq ftFloor area
1996-2002Built
Electric storage heatersHeating

Energy performance

Current ratingD56
PotentialC80

Electricity (Not Community) · EPC 9394-3041-4201-5624-8204 · inspected September 2024

Address

District
North Cornwall
County
Cornwall
See house prices in PL15 →

Value over time

  • Modelled value
  • Recorded sale
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£100k£200k£300k£400k2002200420062008201020122014201620182020202220242026£280,000

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 rangeRecorded sale
2000£98,500£84,469 – £127,111£93,950
2001£115,544£100,558 – £136,330—
2002£155,681£134,571 – £179,479—
2003£179,271£153,512 – £206,015—
2004£206,038£174,824 – £237,173—
2005£205,869£173,192 – £237,960—
2006£219,745£183,552 – £254,063—
2007£233,224£193,800 – £269,017—
2008£201,559£166,571 – £232,311—
2009£204,552£167,858 – £236,090—
2010£214,552£174,854 – £248,081—
2011£205,490£166,546 – £238,016—
2012£200,843£162,404 – £233,212—
2013£205,500£166,232 – £239,024—
2014£214,424£173,362 – £250,253—
2015£226,002£182,788 – £264,017—
2016£224,462£197,721 – £243,635—
2017£234,564£204,917 – £255,820—
2018£241,533£209,252 – £264,678—
2019£243,944£209,571 – £268,589—
2020£269,108£229,236 – £297,695—
2021£287,940£243,188 – £320,026—
2022£318,548£266,728 – £355,702—
2023£298,967£248,162 – £335,393—
2024£293,840£241,774 – £331,170—
2025£283,013£230,812 – £320,440—
2026£280,000£227,000 – £318,000—

Sale history

2000Sold
£93,950
2026Today — estimated
+198%£280,000

Mortgage calculator

£1,503

Estimated monthly repayment

£252,000

Loan amount

£288,999

Total interest

£540,999

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

23 Fair Field Park, Five Lanes, Launceston, North Cornwall, Cornwall, PL15 7RQ is a detached house on Fair Field Park in Launceston, Cornwall. Stede's estimated value for November 2026 is £280,000. Four in five similar homes sold within their likely range when tested; for this property that range is £227,000 to £318,000. 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 114 similar homes in the same postcode sector (25%). The confidence score is 66 out of 100 (high): estimates like this one are typically within 8% of the eventual sale price.

It last sold in July 2000 for £93,950. The current estimate is 198% higher than that price. The current owner has held it for about 26 years.

Its EPC energy-efficiency rating is band D (56 out of 100), with a potential of band C (80) after the recommended improvements. The certificate records a total floor area of 75 m² (807 sq ft). It was lodged in September 2024.

The modelled value is down 2% over the past year and down 2% over the past five years.

Among 10 nearby properties Stede tracks in the PL15 area, estimated values run from £281,000 to £323,000. This detached house's £280,000 sits below that range.

Common questions

How much is 23 Fair Field Park, Five Lanes, Launceston, North Cornwall, Cornwall, PL15 7RQ worth?

Stede estimates 23 Fair Field Park, Five Lanes, Launceston, North Cornwall, Cornwall, PL15 7RQ is worth £280,000 as of November 2026, within a likely range of £227,000 to £318,000. 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 23 Fair Field Park, Five Lanes, Launceston, North Cornwall, Cornwall, PL15 7RQ last sell?

It last sold in July 2000 for £93,950.

What type of property is 23 Fair Field Park, Five Lanes, Launceston, North Cornwall, Cornwall, PL15 7RQ?

It is recorded as a Detached house on Fair Field Park in the PL15 postcode area.

What is the EPC rating of 23 Fair Field Park, Five Lanes, Launceston, North Cornwall, Cornwall, PL15 7RQ?

23 Fair Field Park, Five Lanes, Launceston, North Cornwall, Cornwall, PL15 7RQ has an EPC energy-efficiency rating of band D (56 out of 100). Its potential rating after the recommended improvements is band C (80). The certificate records a floor area of 75 m² (807 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 66 out of 100 (high). Tested against real sales of similar homes, estimates like this one are typically within 8% 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 114 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 13,681 real sales of similar homes.

  • Recent price per m² in the same postcode sector, for its 75 m²£241,16450%
  • Its sale in July 2000, brought up to today with the House Price Index£290,42325%
  • 114 similar homes sold recently in the same postcode sector£345,80825%

Estimate £280,000, likely £227,000 – £318,000

Read the full methodology and data sources →