Howard Way, Flat 2, Madford Lane, Launceston, PL15 9EB
About Howard Way
Howard Way is a two-bedroom semi-detached house in Launceston (PL15 9EB). It has a recorded floor area of 50 m² (around 538 sq ft), construction records dating it to before 1900 and council tax band A. Tenure is freehold. At 50 m² this is the 2nd smallest of 4 units on EPC record in Howard Way, where floor areas span 46–78 m². The building's EPC ratings span E to D, with this unit at the top. On EPC score it ranks first in the building (63 versus a worst of 39). The latest certificate (November 2023) shows a D (score 63), on the cusp of jumping into the C band. When first surveyed in May 2012 the rating was F, the property has climbed 2 bands since. Between certificates, hot-water efficiency went from Very Poor to Poor, lighting went from Poor to Very Good and main heating went from Very Poor to Average. The recommended improvements would lift it to B (score 84), a 2-band jump. Main heating runs on electricity.
Across 1997–2025, sale prices on this property compounded at 2.3% per year. Today's modelled estimate of £113,000 sits 126% above the 2025 sale of £50,000. On a £-per-square-foot basis, the last sale (£93/sq ft) was about 48.4% above the typical sold price in the postcode. It changed hands recently, sold April 2025 for £50,000.
Know exactly what you're buying at Howard Way
Before you offer, see what the listing won't tell you, the true value, the red flags and the full history.
Already flagged here
Launch offer · save £5
Valuation
against the asking price
Risks
planning & flood
Sold prices
similar homes nearby
Trends
the local market
What this property has
Inside
- Bedrooms2
- Bathrooms1
Outside
- Parkingoff_street
Building
- TenureFreehold
- RefurbishedYes
Energy performance
Recommended upgrades on file would lift this property by multiple EPC bands.
EPC Rating
Property Improvements
Changes detected from historical EPC data
Heating system upgraded to a more efficient system
Heating controls changed
Hot water system upgraded
Windows upgraded, improving insulation
More low energy lighting installed
More low energy lighting installed
Planning history
Howard Way has no planning applications on record.
Notable planning nearby
4applications of note in the surrounding area
We flagged 1 thing worth checking at Howard Way
Independent checks surfaced things a buyer would want to understand before offering. The report explains each one in full, with the underlying data and what to ask.
- Larger development activity nearby
30-day money-back guarantee
Sales history & valuation
Howard Way's modelled value sits at over four times its earliest registered sale price (1997).
£113,000
Modelled from EPC, postcode comparables and a sale-price growth of 2.3% per year over 28 years.
£50,000
Growth on file: 2.3% per year over 28 years.
Sales timeline
15 April 2025Most recent
£50,000
+212.5%over 23 years30 August 2001
£16,000
-49.2%over 1 year29 February 2000
£31,500
+16.7%over 2 years14 August 1997
£27,000
Median price across the last 5 sales in PL15 9EB: £55,000 (2024–2021).
Nearby sales in PL15 9EB
Harts Alley, Flat 4, Madford Lane, Launceston, PL15 9EB
Sold Dec 2024
£56,000Howard Way, Flat 3, Madford Lane, Launceston, PL15 9EB
Sold Nov 2024
£55,0005 Harts Alley, Madford Lane, Launceston, PL15 9EB
Sold Oct 2021
£49,500Harts Alley, Flat 3, Madford Lane, Launceston, PL15 9EB
Sold Sept 2021
£25,000Pinetrees Flat, Madford Lane, Launceston, PL15 9EB
Sold Jun 2019
£120,000
Everything we know about Howard Way, in one report
What it's really worth, what could be wrong, and the planning, sales and area data in full.
What we flagged
- Larger development activity nearby

Versus other Madford Lane homes
On years held, Howard Way runs well behind the street norm.
Price per m²
£1,000
Street avg £847
Floor Area
50 m²
Street avg 52 m²
Habitable Rooms
3 rooms
Street avg 3 rooms
CO₂ Emissions
3.8 t/year
Street avg 2.7 t/year
Similar properties nearby
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Bosvean, Flat 3, Dunheved Road
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3a, Flat 1, Exeter Street
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Bosvean, Flat 2, Dunheved Road
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3a, Flat 2, Exeter Street
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The neighbourhood at a glance
Daytime road noise here sits well below conversation level — a quiet pocket of the postcode.
Crime
4/mo
Steady year-on-year across the wider district.
Nearest stop
0.1 km
Westgate Street — bus stop.
Closest school
0.2 km
Windmill Hill Academy. 5 schools nearby.
Go deeper on the local area
The full report breaks down crime, transport links, schools and air quality in depth.
Road noise across the postcode

Daytime· 07:00 – 23:00
49.7dB

Night-time· 23:00 – 07:00
40.8dB