Chestnut Drive, Launceston house prices are built from 123 sales lodged with HM Land Registry, the oldest in 2018 and the most recent on 6 May 2026. The median price paid across the whole record is £232,000. Across the 7 years from 2018 to 2025 the median moved +116.3% in cash — but once inflation is taken out, the change in 2026 money is +65.9%.
Median price paid
£232,000
Change in cash, 2018–2025
+116.3%
Change in real terms
+65.9%
HM Land Registry123 salesLatest sale 6 May 2026
Section 01
How Chestnut Drive, Launceston prices moved
The chart tracks the median Chestnut Drive, Launceston house price for every year with a recorded sale, from 2018 to 2025. 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 |
|---|---|---|---|
| 2010s | 2 | £122,500 | £172,725 |
| 2020s | 5 | £270,000 | £275,870 |
The highest yearly median on record for Chestnut Drive, Launceston is £308,000 in 2024; the lowest is £122,500 in 2018. Across the full 8-year record the cash median has moved from £122,500 to £265,000.
In 2026 money that first median is worth £163,256, so the real change over the whole record is +65.9% — about +7.49% 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: +116.3% in cash against +65.9% 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 |
|---|---|---|---|---|
| 26 | 6 May 2026 | Terraced | £129,500 | £129,500 |
| 28 | 11 Mar 2026 | Terraced | £122,500 | £122,500 |
| 80 | 5 Mar 2026 | Terraced | £140,000 | £140,000 |
| 88 | 19 Dec 2025 | Detached | £338,000 | £345,348 |
| 46 | 27 Nov 2025 | Terraced | £311,000 | £317,761 |
| 66 | 10 Oct 2025 | Semi-detached | £265,000 | £270,761 |
| 12 | 17 Sep 2025 | Terraced | £131,250 | £134,103 |
| 79 | 22 Aug 2025 | Semi-detached | £291,000 | £297,326 |
| 56 | 5 Feb 2025 | Detached | £248,000 | £253,391 |
| 64 | 20 Jan 2025 | Semi-detached | £225,000 | £229,891 |
| 34 | 16 Dec 2024 | Semi-detached | £308,000 | £324,090 |
| 31 | 28 Oct 2024 | Terraced | £255,000 | £268,321 |
| 90 | 15 Aug 2024 | Detached | £420,000 | £441,940 |
| 89 | 7 Jun 2024 | Detached | £259,950 | £273,529 |
| 11 | 30 May 2024 | Detached | £312,500 | £328,825 |
| 4 | 3 Oct 2023 | Semi-detached | £302,000 | £326,299 |
| 17 | 31 May 2023 | Detached | £328,000 | £354,391 |
| 35 | 30 Nov 2022 | Semi-detached | £275,000 | £318,611 |
| 58 | 9 Nov 2022 | Semi-detached | £272,000 | £315,136 |
| 71 | 16 Sep 2022 | Semi-detached | £300,000 | £347,576 |
| 31 | 16 Sep 2022 | Terraced | £260,000 | £301,233 |
| 37 | 31 Aug 2022 | Semi-detached | £276,000 | £319,770 |
| 60 | 26 Jul 2022 | Semi-detached | £260,000 | £301,233 |
| 13 | 25 Mar 2022 | Detached | £365,000 | £422,884 |
| 28 | 25 Mar 2022 | Terraced | £112,000 | £129,762 |
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 Chestnut Drive, Launceston values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 26 Chestnut Drive | £105,000 (2018) | £129,500 (2026) | +2.7% | -1.0% |
| 28 Chestnut Drive | £101,500 (2018) | £122,500 (2026) | +2.4% | -1.2% |
| 80 Chestnut Drive | £108,500 (2020) | £140,000 (2026) | +4.3% | -0.1% |
| 88 Chestnut Drive | £279,950 (2021) | £338,000 (2025) | +4.8% | -0.6% |
| 46 Chestnut Drive | £254,950 (2019) | £311,000 (2025) | +3.4% | -0.8% |
| 66 Chestnut Drive | £224,950 (2020) | £265,000 (2025) | +3.3% | -1.4% |
| 12 Chestnut Drive | £101,500 (2018) | £131,250 (2025) | +3.7% | -0.1% |
| 79 Chestnut Drive | £227,950 (2020) | £291,000 (2025) | +5.0% | +0.1% |
| 56 Chestnut Drive | £212,950 (2020) | £248,000 (2025) | +3.1% | -1.7% |
| 64 Chestnut Drive | £219,950 (2020) | £225,000 (2025) | +0.5% | -4.2% |
| 34 Chestnut Drive | £289,950 (2019) | £308,000 (2024) | +1.2% | -3.1% |
| 31 Chestnut Drive | £212,950 (2019) | £255,000 (2024) | +3.7% | -0.7% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. Chestnut Drive, Launceston 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 |
|---|---|---|---|---|
| Semi-detached | 61 | 49.6% | £229,950 | £122,500 – £308,000 |
| Detached | 39 | 31.7% | £274,950 | £209,950 – £420,000 |
| Terraced | 23 | 18.7% | £108,500 | £101,500 – £311,000 |
Section 06
Ownership and new build in Chestnut Drive, Launceston
0 of the sales on record are leasehold and 123 freehold — 0.0% 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.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 0 | 0.0% | — |
| Freehold | 123 | 100.0% | £232,000 |
| New build | 91 | 74.0% | £229,950 |
| Existing home | 32 | 26.0% | £269,125 |
New builds sold for less than the median existing home — -14.6%. 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 2 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 Chestnut Drive, Launceston
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 £232,000 here, that rent is a gross yield of 5.20% 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 Chestnut Drive, Launceston
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 Chestnut Drive, Launceston compares
The median across the whole archive is £157,500. Chestnut Drive, Launceston sits above that national figure — +47.3%.
Within Launceston the street ranks 45 of 276 by median price, and its median is above the town figure of £160,000 (+45.0%).
No EPC floor areas could be matched to these sales, so no price per square metre is published here. An estimate would be a guess, and the archive does not publish guesses.
The full range on record runs from £101,500 to £420,000. 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.
Chestnut Drive, Launceston 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
Streets nearby
- Kensey Valley Meadow£161,000 median
- Robin Drive£166,950 median
- Dunheved Road£165,000 median
- Snowdrop Crescent£175,500 median
- Tor View£133,000 median
- Tavistock Road£169,975 median
- St Johns Road£152,000 median
- St Thomas Road£83,000 median
- St Stephens Hill£181,500 median
- Trelinnoe Gardens£122,031 median
- Long Field Road£189,500 median
- Bluebell Way£169,498 median
- Kit Hill View£138,000 median
- Honeysuckle Gardens£164,000 median
- Market Street£59,000 median
- Race Hill£119,950 median
Addresses with more than one recorded sale
- 28 Chestnut Drive3 sales
- 34 Chestnut Drive3 sales
- 31 Chestnut Drive3 sales
- 4 Chestnut Drive3 sales
- 5 Chestnut Drive3 sales
- 26 Chestnut Drive2 sales
- 80 Chestnut Drive2 sales
- 88 Chestnut Drive2 sales
- 46 Chestnut Drive2 sales
- 66 Chestnut Drive2 sales
- 12 Chestnut Drive2 sales
- 79 Chestnut Drive2 sales
- 56 Chestnut Drive2 sales
- 64 Chestnut Drive2 sales
- 90 Chestnut Drive2 sales
- 89 Chestnut Drive2 sales
- 11 Chestnut Drive2 sales
- 17 Chestnut Drive2 sales
- 35 Chestnut Drive2 sales
- 58 Chestnut Drive2 sales
- 71 Chestnut Drive2 sales
- 37 Chestnut Drive2 sales
- 60 Chestnut Drive2 sales
- 13 Chestnut Drive2 sales
Back to Launceston house prices.
Quick answers
Common questions about this data
What is the average house price in Chestnut Drive, Launceston?
The median price paid in Chestnut Drive, Launceston across every sale on the register is £232,000. 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 Chestnut Drive, Launceston?
123 sales are on record for Chestnut Drive, Launceston, the most recent completing on 6 May 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have Chestnut Drive, Launceston house prices actually risen?
In cash, the median rose +116.3% between 2018 and 2025. In 2026 money — that is, after inflation — the change is +65.9%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were Chestnut Drive, Launceston house prices at their highest?
The highest yearly median on record is £308,000, set in 2024. 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 Chestnut Drive, Launceston?
No EPC floor areas could be matched to these sales, so no price per square metre is published for this area. Nothing is estimated to fill the gap.
How current is this data?
The latest sale shown here completed on 6 May 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, “Chestnut Drive, Launceston 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.