Local market reports › PL area › PL15
Bolventor market report PL15, Launceston
The PL15 (Bolventor) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 11,010 completed sales registered with HM Land Registry in PL15 (Launceston) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical PL15 (Launceston) home changed hands for £228,500 in 2026 (median of 112 registered sales, down 7% on five years earlier), with the mean at £267,600, and by floor area homes here have averaged about £2,920 per square metre over the last five years. Source: 11,010 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
The postcode district PL15 covering Launceston, Bolventor, Lezant sits in Launceston. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where PL15 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's PL15 prices, from the sold record
Take the 112 registered 2026 sales in PL15 and the middle price, the median, is £228,500. The mean lands at £267,600, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
Price per square metre in PL15
Per square metre, PL15 homes have averaged around £2,920 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
England and Wales as a whole trade at a £285,000 median, leaving PL15 20% below the national figure.
The price of a typical PL15 home, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £228,500 | £228,500 | 112 |
| 2025 | £250,000 | £255,978 | 279 |
| 2024 | £260,000 | £276,433 | 267 |
| 2023 | £245,800 | £270,074 | 244 |
| 2022 | £260,000 | £304,880 | 401 |
| 2021 | £245,000 | £310,202 | 520 |
| 2020 | £220,000 | £285,455 | 352 |
| 2019 | £214,000 | £280,503 | 358 |
| 2018 | £209,000 | £278,601 | 344 |
| 2017 | £190,000 | £259,141 | 405 |
| 2016 | £185,000 | £258,817 | 341 |
| 2015 | £183,000 | £258,579 | 282 |
| 2014 | £170,000 | £241,175 | 360 |
| 2013 | £170,000 | £244,613 | 301 |
| 2012 | £155,000 | £228,141 | 266 |
| 2011 | £160,000 | £241,538 | 263 |
| 2010 | £175,000 | £274,445 | 280 |
| 2009 | £170,000 | £273,276 | 270 |
| 2008 | £175,500 | £287,682 | 253 |
| 2007 | £185,300 | £314,320 | 477 |
| 2006 | £173,000 | £300,306 | 499 |
| 2005 | £165,100 | £293,811 | 368 |
| 2004 | £158,500 | £287,867 | 445 |
| 2003 | £142,500 | £262,520 | 415 |
| 2002 | £125,000 | £235,186 | 440 |
| 2001 | £96,800 | £186,093 | 424 |
| 2000 | £77,000 | £151,113 | 359 |
| 1999 | £72,500 | £144,489 | 406 |
| 1998 | £60,000 | £121,114 | 341 |
| 1997 | £55,000 | £112,794 | 374 |
| 1996 | £49,000 | £103,339 | 307 |
| 1995 | £50,000 | £108,692 | 257 |
In cash terms the typical PL15 home went from £50,000 in 1995 to £228,500 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 110%, a genuine increase in what a home here costs. The real-terms peak came in 2007, and today's median remains roughly 27% under it: a 2007 buyer is still waiting to get that price back in today's money.
Year-on-year change in the PL15 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+29.1% on the year before); the weakest, 2026 (−8.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −8.6% | −10.7% |
| 5 years (since 2021) | −1.4% | −5.9% |
| 10 years (since 2016) | +2.1% | −1.2% |
| 20 years (since 2006) | +1.4% | −1.4% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 46% of the typed total. A detached home currently trades at £375,000 against £100,000 for a flat, 3.8 times the price.
Median by property type, PL15
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £375,000 | 45 | 5,099 |
| Semi-detached | £250,000 | 13 | 2,199 |
| Terraced | £180,000 | 35 | 2,772 |
| Flats | £100,000 | 19 | 940 |
Sales activity in PL15
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The last five years, month by month
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
Over the last twelve months of data, 231 sales completed in PL15. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 428 sales a year before the financial crisis and 261 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Rents around PL15
PL15 falls under Cornwall, where the ONS puts the average private rent at £1,003 a month (May 2026 figures). A one-bed averages £691 a month here and a four-or-more-bed £1,510, so size does most of the work in setting the rent.
Average monthly rent by size, Cornwall
ONS Price Index of Private Rents, May 2026.
Set against the £228,500 median sold price, £1,003 a month is £12,036 a year, a gross yield of 5.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
The shape of the PL15 market
Among the 35 measurable districts of its area, PL15 ranks 31 by median price: towards the affordable end.
PL15 (Bolventor): the questions that come up
How much did a house sell for in PL15 (Bolventor)?
Are property prices falling in PL15 (Bolventor)?
Is PL15 (Bolventor) a good place to buy a house?
Are PL15 prices heading up or down?
Prediction is not this page's business. Its business is the record, which says: the median is down 7% over five years in cash but down 26% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What you could buy in PL15 now
Everything above is what homes in PL15 sold for. This is what you could actually buy today: 61 homes currently on the market from 8 agents publishing to HomesIndex, at a typical asking price 97% above the PL15 median sold price.
22% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every PL15 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in PL
What homes of each size actually sold for across the PL area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £295,000 | £396,000 (+34%) | £575,000 (+45%) | £775,000 (+35%) |
| Semi-detached | £199,750 | £237,500 (+19%) | £283,500 (+19%) | £370,000 (+31%) | £487,500 (+32%) |
| Terraced | £179,000 | £200,000 (+12%) | £230,000 (+15%) | £274,750 (+19%) | £358,000 (+30%) |
| Flat | £120,000 | £152,000 (+27%) | £260,000 (+71%) | £445,000 (+71%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
PL15 ranks 27 of 35 in the PL area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the PL area, five years
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside PL15, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PL15 7 | £262,500 | 36 |
| PL15 8 | £190,000 | 40 |
| PL15 9 | £211,200 | 36 |
How PL15 compares nearby
Same city, different markets. The dearest districts of the PL area, and PL15 itself, which ranks 31 of 35 by median price:
| District | Median | 5-year |
|---|---|---|
| PL28 | £525,000 | +9% |
| PL23 | £506,800 | +30% |
| PL8 | £392,500 | -16% |
| PL34 | £370,000 | +28% |
| PL30 | £367,500 | +1% |
| PL29 | £340,000 | -39% |
| PL27 | £332,500 | +4% |
| PL20 | £323,500 | +5% |
| PL16 | £322,600 | -3% |
| PL10 | £308,500 | +16% |
| PL21 | £305,000 | +7% |
| PL9 | £300,000 | +11% |
| PL13 | £300,000 | +3% |
| PL17 | £294,400 | +13% |
| PL12 | £278,500 | +14% |
| PL22 | £270,000 | -10% |
| PL19 | £267,200 | -12% |
| PL7 | £265,500 | +15% |
| PL3 | £265,000 | +20% |
| PL25 | £260,000 | +6% |
| PL33 | £257,500 | +5% |
| PL26 | £256,800 | +7% |
| PL35 | £255,000 | -23% |
| PL15 (this report) | £228,500 | -7% |
Before you sell in PL15: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at PL15's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working PL15: the featured spot on this report is free for founding agents, one per district. Claim PL15.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to PL15. Free after a one click sign in.
See every individual PL15 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.