PL15 house prices are built from 10,971 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 25 Jun 2026. The median price paid across the whole record is £160,000. Across the 10 years from 2016 to 2026 the median moved +23.0% in cash — but once inflation is taken out, the change in 2026 money is -11.9%.
Median price paid
£160,000
Change in cash, 2016–2026
+23.0%
Change in real terms
-11.9%
Median per m²
£1,863
HM Land Registry10,971 sales1,243 with floor areaLatest sale 25 Jun 2026
Section 01
How PL15 prices moved
The chart tracks the median PL15 house price for every year with a recorded sale, from 1995 to 2026. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 1990s | 5 | £55,000 | £122,126 |
| 2000s | 10 | £158,500 | £288,740 |
| 2010s | 10 | £175,000 | £246,750 |
| 2020s | 7 | £245,000 | £250,326 |
The highest yearly median on record for PL15 is £260,000 in 2022; the lowest is £49,000 in 1996. Across the full 32-year record the cash median has moved from £50,000 to £227,500.
In 2026 money that first median is worth £111,024, so the real change over the whole record is +104.9% — about +2.34% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: +23.0% in cash against -11.9% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 39 Penpont View | 25 Jun 2026 | Terraced | £172,000 | £172,000 |
| Valley Mist | 22 Jun 2026 | Detached | £426,000 | £426,000 |
| 51 Long Field Road | 12 Jun 2026 | Terraced | £245,000 | £245,000 |
| Laurel Cottage | 12 Jun 2026 | Semi-detached | £225,000 | £225,000 |
| 20 Penn Kernow | 12 Jun 2026 | Terraced | £207,000 | £207,000 |
| 1 Penhole Close | 29 May 2026 | Detached | £412,500 | £412,500 |
| 1 St Leonards Road | 26 May 2026 | Terraced | £82,000 | £82,000 |
| 93 St Johns Road | 21 May 2026 | Semi-detached | £250,000 | £250,000 |
| Tremeale Cottage | 21 May 2026 | Detached | £155,000 | £155,000 |
| FIRST FLOOR FLAT 20 Westgate Street | 18 May 2026 | Flat or maisonette | £112,000 | £112,000 |
| 19 Mayne Close | 13 May 2026 | Detached | £480,000 | £480,000 |
| 32 Snowdrop Crescent | 8 May 2026 | Terraced | £320,000 | £320,000 |
| 26 Prince Philip Road | 8 May 2026 | Terraced | £177,000 | £177,000 |
| 27 Barley Rise | 7 May 2026 | Semi-detached | £220,000 | £220,000 |
| Rudona | 6 May 2026 | Detached | £335,000 | £335,000 |
| 26 Chestnut Drive | 6 May 2026 | Terraced | £129,500 | £129,500 |
| 7 MANATON COURT Dunheved Road | 5 May 2026 | Flat or maisonette | £99,500 | £99,500 |
| Homeleigh | 1 May 2026 | Detached | £400,000 | £400,000 |
| 62 Tor View | 1 May 2026 | Semi-detached | £187,000 | £187,000 |
| 4 Tor View | 30 Apr 2026 | Detached | £215,000 | £215,000 |
| FLAT 22 MARKET COURT Market Street | 28 Apr 2026 | Flat or maisonette | £77,000 | £77,000 |
| Endsleigh House | 27 Apr 2026 | Detached | £272,000 | £272,000 |
| THE LODGE Coronation Park | 24 Apr 2026 | Detached | £310,000 | £310,000 |
| 34 Hawks Tor Drive | 24 Apr 2026 | Detached | £240,000 | £240,000 |
| 66 Robin Drive | 24 Apr 2026 | Terraced | £215,000 | £215,000 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to PL15 values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 39 Penpont View | £120,000 (2013) | £172,000 (2026) | +2.8% | -0.1% |
| 20 Penn Kernow | £156,371 (2007) | £207,000 (2026) | +1.5% | -1.4% |
| 51 Long Field Road | £190,000 (2018) | £245,000 (2026) | +3.2% | -0.4% |
| 1 Penhole Close | £280,000 (2006) | £412,500 (2026) | +2.0% | -0.9% |
| 1 St Leonards Road | £8,000 (1995) | £82,000 (2026) | +7.8% | +5.1% |
| 93 St Johns Road | £242,500 (2022) | £250,000 (2026) | +0.8% | -2.9% |
| FIRST FLOOR FLAT 20 Westgate Street | £83,000 (2005) | £112,000 (2026) | +1.4% | -1.4% |
| 19 Mayne Close | £172,950 (2001) | £480,000 (2026) | +4.2% | +1.4% |
| 26 Prince Philip Road | £88,000 (2007) | £177,000 (2026) | +3.7% | +0.8% |
| 32 Snowdrop Crescent | £217,000 (2006) | £320,000 (2026) | +2.0% | -0.9% |
| 27 Barley Rise | £175,000 (2021) | £220,000 (2026) | +4.7% | -0.1% |
| 26 Chestnut Drive | £105,000 (2018) | £129,500 (2026) | +2.7% | -1.0% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. PL15 is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Detached | 5,084 | 46.3% | £217,500 | £12,925 – £1,650,000 |
| Terraced | 2,760 | 25.2% | £134,000 | £8,000 – £895,000 |
| Semi-detached | 2,190 | 20.0% | £160,500 | £21,120 – £740,000 |
| Flat or maisonette | 937 | 8.5% | £91,000 | £10,000 – £287,000 |
Section 05
How big homes are in PL15
Energy Performance Certificates record a floor area for every home that has been surveyed, sold or let — far more homes than have changed hands. 2,466 certificates cover PL15, and their median floor area is 88 m².
The median across the whole register is 76 m², so homes here are larger than average — +15.1%. Size explains a large part of why one area's median price sits above another's, which is why the price per square metre further up this page is the fairer comparison.
| Measure | Floor area | Sample |
|---|---|---|
| Median floor area | 88 m² | about 942 sq ft |
| Smaller quarter, up to | 67 m² | about 721 sq ft |
| Larger quarter, from | 123 m² | about 1,324 sq ft |
| Under 60 m² | 17.0% | 420 homes |
| 150 m² and over | 16.0% | 394 homes |
Section 06
Ownership and new build in PL15
1,019 of the sales on record are leasehold and 9,952 freehold — 9.3% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £90,000 and the median freehold sale £170,000 — a gap of +88.9%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 1,019 | 9.3% | £90,000 |
| Freehold | 9,952 | 90.7% | £170,000 |
| New build | 1,399 | 12.8% | £159,995 |
| Existing home | 9,572 | 87.2% | £160,000 |
New builds sold for less than the median existing home — 0.0%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 713 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 07
Living in PL15
Every certificate carries an energy efficiency band as well as a floor area. Across Cornwall, 37.4% of 321,040 certificates sit in bands A to C, and 14.2% in F or G — the bands that cost the most to heat and are hardest to mortgage.
| Energy band | Certificates | Share |
|---|---|---|
| A | 3,287 | 1.0% |
| B | 36,937 | 11.5% |
| C | 79,827 | 24.9% |
| D | 92,894 | 28.9% |
| E | 62,653 | 19.5% |
| F | 32,170 | 10.0% |
| G | 13,272 | 4.1% |
The Office for National Statistics puts the mean private rent in Cornwall at £1,005 a month as of Jun 2026 — £692 for a one-bedroom home and £1,082 for three bedrooms.
Against the median sale of £160,000 here, that rent is a gross yield of 7.54% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.
Police forces publish every recorded street-level crime. Within a mile of the centre of PL15, 2 crimes were recorded in Jun 2026: 1 violent, 0 burglary, 0 vehicle-related and 0 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is 83.5 times quieter.
Against the 570,305 residents the 2021 census counted in Cornwall, that is 0.00 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.
A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.
Section 08
The neighbourhood around PL15
The 2021 census counted 570,305 residents in Cornwall across 250,533 households. 67.4% of those households own their home and 32.5% rent — a split the sold record cannot show, because only owners appear in it.
17 state and independent schools have a PL15 postcode: 16 primary, 1 secondary. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.
| School | Phase | Type | Pupils |
|---|---|---|---|
| Launceston College | Secondary | Academy converter | 1,205 |
| St Catherine's CofE Primary School | Primary | Academy converter | 222 |
| Tregadillett Primary School | Primary | Foundation school | 206 |
| St Stephens Community Academy | Primary | Academy converter | 199 |
| Windmill Hill Academy | Primary | Academy converter | 162 |
| South Petherwin Community Primary School | Primary | Foundation school | 114 |
| Launceston Primary School | Primary | Free schools | 101 |
| St Giles-on-the-Heath Community School | Primary | Community school | 100 |
| Lewannick Community Primary School | Primary | Academy converter | 85 |
| Egloskerry Primary School | Primary | Academy converter | 79 |
| Station | Mode | Distance from the district centre |
|---|---|---|
| Gunnislake Rail Station | Rail | 18.1 km |
| Calstock Rail Station | Rail | 20.1 km |
| Liskeard Rail Station | Rail | 21.3 km |
| Bere Alston Rail Station | Rail | 21.5 km |
Section 09
How PL15 compares
The median across the whole archive is £157,500. PL15 sits above that national figure — +1.6%.
Where an EPC floor area could be matched to the sale, the median works out at £1,863 per square metre, across 1,243 of the 10,971 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £8,000 to £1,650,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
PL15 sits in Cornwall, in the South West.
The Office for National Statistics puts the median home in Cornwall at 8.6 times median local earnings of £33,889 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.
Section 10
Nearby on the record
Sectors inside PL15
The closest districts
- PL1419.4 km · £145,000
- PL1225.9 km · £155,000
- PL529.6 km · £114,500
- EX2029.8 km · £172,500
- PL631.0 km · £145,000
- PL231.7 km · £117,000
- PL333.2 km · £138,000
- PL133.8 km · £127,075
This district mostly covers Launceston.
Quick answers
Common questions about this data
What is the average house price in PL15?
The median price paid in PL15 across every sale on the register is £160,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in PL15?
10,971 sales are on record for PL15, the most recent completing on 25 Jun 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have PL15 house prices actually risen?
In cash, the median rose +23.0% between 2016 and 2026. In 2026 money — that is, after inflation — the change is -11.9%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were PL15 house prices at their highest?
The highest yearly median on record is £260,000, set in 2022. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in PL15?
£1,863 per square metre, from the 1,243 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 25 Jun 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “PL15 house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.