That is the middle of 310 standard sales recorded by HM Land Registry from September 2023 to August 2026, against £277,000 in the typical UK town. The typical home sells for 4.3 times as much as in 1995. Below: what each type of home sells for, the spread of prices, every year since 1995, new builds, the busiest streets and the neighbours. Rents and council tax are on Cost of living.
310 homes sold in three years: 64 detached houses, 63 semi-detached houses, 108 terraced houses and 75 flats and maisonettes. A detached house sells for 3 times what a flat does.
Detached houses£345K
median sale · 64 sold in 3 years
Middle half
£300K–£410K
Last 12 months
£348K24 sold
Semi-detached houses£235K
median sale · 63 sold in 3 years
Middle half
£190K–£285K
Last 12 months
£228K10 sold
Terraced houses£184K
median sale · 108 sold in 3 years
Middle half
£155K–£225K
Last 12 months
£179K32 sold
Flats and maisonettes£115K
median sale · 75 sold in 3 years
Middle half
£86K–£129K
Last 12 months
£112K23 sold
The mix
A mixed market: no one type makes up more than 35% of sales
Detached houses21%
Semi-detached houses20%
Terraced houses35%
Flats and maisonettes24%
Standard sales, Sep 2023 to Aug 2026. A median needs 5 sales of a type; “middle half” is the 25th to 75th percentile of 10 or more.
Price range
Half of Launceston’s homes sold for between £134K and £275K
One sale in ten was under £100K and one in ten over £380K. 65% sold for under £250K.
Sales by price · Sep 2023 to Aug 2026
The median, £195,000, sits in the £150–200K band
310 standard sales. Each bar is the number sold in that price band; the darker bar holds the median.
Since 1995
The typical home costs 4.3 times as much as in 1995, a slower rise than England’s
Land Registry has recorded every sale since 1995. The median went from £45,000 in 1995 to £195,000 in the last 12 months (£157,000 in 2019).
31 years of sales
Fewer homes sell than in most years
89 sales in the last 12 months, against 216 in 2004, the busiest year, and 106 in 2023. Sales fell by 40% from 2007 to 2009 in the financial crisis, though the median held. 2021, the stamp duty holiday, saw 53% more sales than 2020.
Homes soldMedian sale price
Against England
Launceston costs less than England as a whole
Median sale price each calendar year: Launceston, every standard sale in England, and the typical UK town (the middle of the town medians, towns of 2,500 or more).
By type
Terraced houses rose the most since 1995
1995
2000
2005
2010
2015
2020
Last 12 months
Detached houses
£90K
£116K
£245K
£228K
£235K
£300K
£348K
Semi-detached houses
£47K
£70K
£168K
£143K
£155K
£210K
£228K
Terraced houses
£35K
£49K
£130K
£129K
£137K
£154K
£179K
Flats and maisonettes
£29K
£39K
£98K
£96K
£86K
£95K
£112K
Calendar years; a year’s median needs 5 sales of the type, so gaps are years with fewer.
Prices are as paid, not adjusted for inflation. Standard (category A) sales only; Land Registry adds a sale when it is registered, so the newest months fill in later.
New builds
Hardly any new homes: 0% of sales in the last 12 months
502 new homes have been sold in Launceston since 1995; the share peaked at 31% in 2012.
New-build share of sales
Calendar years with 10 or more sales, then the last 12 months.
New builds and tenure · 3 years
23% of sales were leasehold
Nearly every flat in England and Wales is leasehold; among houses, 0.4% sold leasehold in Launceston. A leasehold buyer owns the home for a fixed term and may pay ground rent and service charges; check the lease before you buy.
Streets
Kensey Valley Meadow is Launceston’s busiest street, with 19 sales in three years
17 streets had five or more sales from Sep 2023 to Aug 2026, 5 of them ten or more. A busy street is often a new estate selling its first homes, or a long road of terraces and flats.
#
Street
Postcode area
Sales
Median
Homes
1
Kensey Valley Meadow
PL15
19
£210,000
Mostly terraced houses
2
Dunheved Road
PL15
19
£161,000
Mixed
3
Tavistock Road
PL15
11
£200,000
Mixed
4
Western Road
PL15
11
£195,000
Mixed
5
Westgate Mews
PL15
10
£80,500
Mostly flats
6
Highfield Park Road
PL15
9
£293,000
Mostly semi-detached houses
7
St Johns Road
PL15
9
£250,000
Mostly semi-detached houses
8
Kit Hill View
PL15
9
£165,000
Mixed
9
St Stephens Hill
PL15
8
£259,000
Mostly terraced houses
10
Prince Philip Road
PL15
8
£152,500
Mostly terraced houses
11
St Marys Road
PL15
7
£165,000
Mostly terraced houses
12
Roydon Lane
PL15
7
£145,000
Mostly terraced houses
13
Castle Meadows
PL15
6
£261,250
Mostly semi-detached houses
14
Priory Park Road
PL15
6
£197,500
Mostly semi-detached houses
15
Woburn Road
PL15
5
£335,000
Mostly detached houses
Dearest streets
Woburn Road: £335,000
Launceston median£195K
Woburn Road£335K
Highfield Park Road£293K
Castle Meadows£261K
St Stephens Hill£259K
St Johns Road£250K
Cheapest streets
Westgate Mews: £80,500
Launceston median£195K
Westgate Mews£81K
Roydon Lane£145K
Bounsalls Lane£150K
St Thomas Road£150K
Prince Philip Road£153K
Among streets with five or more sales; the dearest street’s median is 4.2 times the cheapest’s. Street medians mix types: a street of detached houses beats one of flats.
Standard sales with a street name, grouped by street and postcode district (Sep 2023 to Aug 2026); a name used in two districts shows the district. Medians only: we don’t list individual sales.
Across Cornwall
Launceston is the 35th most expensive of 35 towns in Cornwall
Launceston is one of Cornwall’s cheapest towns to buy in; the typical UK town’s median is £277,000.
Median: standard sales over three years (10+ needed). Since 2016: the median over three years against 2016’s. Miles: centre to centre.
Questions about property prices in Launceston
What is the average house price in Launceston?
The median home in Launceston sold for £195,000 from September 2023 to August 2026, across 310 standard sales (£195,000 in the last 12 months). By type: detached houses £345,000, semi-detached houses £235,000, terraced houses £183,750 and flats and maisonettes £115,000.
Are house prices going up in Launceston?
The median was £195,000 in 2025, about the same on 2024 (£199,000), and £195,000 in the last 12 months. A town’s median moves with the mix of homes sold each year as well as with prices.
How many homes sell in Launceston each year?
89 standard sales were recorded in the last 12 months, against an average of 130 a year since 2015. Repossessions, company purchases and other non-standard sales aren’t counted.
What are the most expensive streets in Launceston?
Among streets with five or more sales in three years: Woburn Road (PL15, £335,000), Highfield Park Road (PL15, £293,000) and Castle Meadows (PL15, £261,250).
Is Launceston expensive for Cornwall?
Launceston is the 35th most expensive of 35 towns of 2,500 or more in Cornwall by median sale price.
Sources: HM Land Registry Price Paid, every standard sale since January 1995 (yearly files of 28 September 2026), inside the ONS 2022 built-up-area boundary by postcode (ONS Postcode Directory) · TownRatings grades: our own summary of the data, ranked against UK towns only. All under the Open Government Licence v3.0.