Penn Kernow, Launceston house prices are built from 50 sales lodged with HM Land Registry, the oldest in 2006 and the most recent on 12 Jun 2026. The median price paid across the whole record is £175,375. Across the 13 years from 2007 to 2020 the median moved +10.1% in cash — but once inflation is taken out, the change in 2026 money is -18.0%.
Median price paid
£175,375
Change in cash, 2007–2020
+10.1%
Change in real terms
-18.0%
Median per m²
£2,500
HM Land Registry50 sales9 with floor areaLatest sale 12 Jun 2026
Section 01
How Penn Kernow, Launceston prices moved
The chart tracks the median Penn Kernow, Launceston house price for every year with a recorded sale, from 2006 to 2020. 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 |
|---|---|---|---|
| 2000s | 2 | £163,500 | £297,849 |
| 2020s | 1 | £180,000 | £183,913 |
The highest yearly median on record for Penn Kernow, Launceston is £184,875 in 2006; the lowest is £163,500 in 2007. Across the full 15-year record the cash median has moved from £184,875 to £180,000.
In 2026 money that first median is worth £329,134, so the real change over the whole record is -29.2% — about -2.44% 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: +10.1% in cash against -18.0% 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 |
|---|---|---|---|---|
| 20 | 12 Jun 2026 | Terraced | £207,000 | £207,000 |
| 19 | 26 Jun 2023 | Terraced | £175,000 | £189,080 |
| 26 | 11 Nov 2022 | Terraced | £177,000 | £205,070 |
| 24 | 24 Nov 2021 | Terraced | £229,000 | £289,328 |
| 8 | 18 Nov 2020 | Semi-detached | £260,000 | £336,639 |
| 16 | 18 Nov 2020 | Terraced | £165,000 | £213,636 |
| 30 | 19 Jun 2020 | Detached | £305,000 | £394,904 |
| 23 | 26 May 2020 | Terraced | £158,000 | £204,573 |
| 24 | 3 Feb 2020 | Terraced | £180,000 | £233,058 |
| 7 | 3 May 2018 | Terraced | £147,000 | £195,907 |
| 23 | 28 Nov 2017 | Terraced | £159,950 | £217,693 |
| 10 | 24 Oct 2016 | Semi-detached | £175,000 | £244,307 |
| 15 | 15 Apr 2016 | Terraced | £166,000 | £231,743 |
| 31 | 18 Mar 2016 | Detached | £307,000 | £428,584 |
| 14 | 8 Feb 2016 | Detached | £200,000 | £279,208 |
| 16 | 19 Nov 2015 | Terraced | £145,000 | £204,450 |
| 20 | 13 Feb 2015 | Terraced | £149,950 | £211,430 |
| 12 | 26 Sep 2014 | Detached | £190,000 | £272,533 |
| 2 | 10 Nov 2010 | Detached | £288,000 | £459,887 |
| 15 | 8 Feb 2010 | Semi-detached | £158,750 | £253,497 |
| 12 | 11 Dec 2009 | Detached | £185,500 | £304,843 |
| 17 | 9 Apr 2008 | Semi-detached | £164,500 | £276,125 |
| 24 | 27 Nov 2007 | Terraced | £177,000 | £307,731 |
| 29 | 23 Nov 2007 | Detached | £290,000 | £504,192 |
| 23 | 22 Nov 2007 | Terraced | £144,300 | £250,879 |
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 Penn Kernow, Launceston values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 20 Penn Kernow | £156,371 (2007) | £207,000 (2026) | +1.5% | -1.4% |
| 26 Penn Kernow | £145,000 (2007) | £177,000 (2022) | +1.3% | -1.4% |
| 24 Penn Kernow | £177,000 (2007) | £229,000 (2021) | +1.9% | -0.4% |
| 16 Penn Kernow | £143,550 (2007) | £165,000 (2020) | +1.1% | -1.2% |
| 8 Penn Kernow | £235,000 (2007) | £260,000 (2020) | +0.8% | -1.5% |
| 30 Penn Kernow | £280,250 (2006) | £305,000 (2020) | +0.6% | -1.7% |
| 23 Penn Kernow | £144,300 (2007) | £158,000 (2020) | +0.7% | -1.6% |
| 7 Penn Kernow | £140,000 (2006) | £147,000 (2018) | +0.4% | -2.0% |
| 10 Penn Kernow | £165,000 (2007) | £175,000 (2016) | +0.7% | -1.8% |
| 15 Penn Kernow | £175,750 (2006) | £166,000 (2016) | -0.6% | -3.0% |
| 31 Penn Kernow | £287,500 (2007) | £307,000 (2016) | +0.7% | -1.7% |
| 14 Penn Kernow | £198,000 (2007) | £200,000 (2016) | +0.1% | -2.3% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. Penn Kernow, 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 |
|---|---|---|---|---|
| Terraced | 26 | 52.0% | £149,950 | £135,000 – £229,000 |
| Detached | 14 | 28.0% | £280,250 | £185,500 – £366,000 |
| Semi-detached | 10 | 20.0% | £175,000 | £156,371 – £260,000 |
Section 06
Ownership and new build in Penn Kernow, Launceston
0 of the sales on record are leasehold and 50 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 | 50 | 100.0% | £175,375 |
| New build | 26 | 52.0% | £170,375 |
| Existing home | 24 | 48.0% | £176,000 |
New builds sold for less than the median existing home — -3.2%. 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 1 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 Penn Kernow, 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 £175,375 here, that rent is a gross yield of 6.88% 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 Penn Kernow, 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 Penn Kernow, Launceston compares
The median across the whole archive is £157,500. Penn Kernow, Launceston sits above that national figure — +11.3%.
Within Launceston the street ranks 106 of 276 by median price, and its median is above the town figure of £160,000 (+9.6%).
Where an EPC floor area could be matched to the sale, the median works out at £2,500 per square metre, across 9 of the 50 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 £135,000 to £366,000. 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.
Penn Kernow, 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
- Chestnut Drive£232,000 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
Addresses with more than one recorded sale
- 20 Penn Kernow3 sales
- 24 Penn Kernow3 sales
- 16 Penn Kernow3 sales
- 23 Penn Kernow3 sales
- 15 Penn Kernow3 sales
- 12 Penn Kernow3 sales
- 26 Penn Kernow2 sales
- 8 Penn Kernow2 sales
- 30 Penn Kernow2 sales
- 7 Penn Kernow2 sales
- 10 Penn Kernow2 sales
- 31 Penn Kernow2 sales
- 14 Penn Kernow2 sales
- 2 Penn Kernow2 sales
- 17 Penn Kernow2 sales
Back to Launceston house prices.
Quick answers
Common questions about this data
What is the average house price in Penn Kernow, Launceston?
The median price paid in Penn Kernow, Launceston across every sale on the register is £175,375. 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 Penn Kernow, Launceston?
50 sales are on record for Penn Kernow, Launceston, the most recent completing on 12 Jun 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have Penn Kernow, Launceston house prices actually risen?
In cash, the median rose +10.1% between 2007 and 2020. In 2026 money — that is, after inflation — the change is -18.0%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were Penn Kernow, Launceston house prices at their highest?
The highest yearly median on record is £184,875, set in 2006. 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 Penn Kernow, Launceston?
£2,500 per square metre, from the 9 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 12 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, “Penn Kernow, 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.