16 Forbes Close, Newlyn, Penzance, TR18 5EU is a freehold terraced property built between 1976-1982. The property offers approximately 829 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £281,639 , which equates to approximately £340 per square foot. It was last sold on 20 Dec 1996 for £45,500. Since then, the value has increased by £236,139, representing a 519.0% increase, or approximately 17.9% per year.

The current estimated value of £281,639 is:

  • 15.1% higher than the average property price on Forbes Close
  • 19.1% higher than the average in the TR18 5EU postcode area
  • and 7.5% lower than the average price for Penzance as a whole

At the most recent EPC inspection on 3 June 2024, the property was recorded as owner-occupied.

View sold house prices in TR18 5EU

Building approximate location

About Property

Type
Terraced House
Built
1976-1982
Interior Size
829 sq ft
Tenure
Freehold
Price (estimate)
£281,639
Price Per sq ft (estimate)
£340
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Forbes Close, Newlyn, Penzance, Penwith, Cornwall, TR18 5EU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Jun 2024.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 21 Aug 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 23.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from pitched, 150mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from timber frame, as built, partial insulation (assumed) to timber frame, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 21% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR18 5EU

4 th / 15
Price Rank
19% higher than average
5 th / 11
Size Rank
3% bigger than average
3 rd / 11
Price Per Sq FT Rank
16% higher than average

Compared to other properties in TR18 5EU , this house's estimated value ranks 4th out of 15. Based on price per square foot, it ranks 3rd out of 11 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 5th out of 11 properties in its postcode area.

Sale History

Today
£281,639
streetscan.co.uk estimate
+519 %
20 Dec 1996
£45,500
Leasehold

Area Insights

Similar Properties Sold Nearby

3 Forbes Close, Newlyn, Penzance, TR18 5EU
rooms: 5
size: 926 sq ft
sale price: £252,000
sale date: 28 Oct 2022
4 Forbes Close, Newlyn, Penzance, TR18 5EU
rooms: 4
size: 818 sq ft
sale price: £187,500
sale date: 12 May 2021
11 Forbes Close, Newlyn, Penzance, TR18 5EU
rooms: 5
size: 893 sq ft
sale price: £155,000
sale date: 8 Feb 2019
14 Forbes Close, Newlyn, Penzance, TR18 5EU
rooms: 4
size: 818 sq ft
sale price: £187,000
sale date: 14 Dec 2018
2 Forbes Close, Newlyn, Penzance, TR18 5EU
rooms: 5
size: 893 sq ft
sale price: £170,000
sale date: 16 Aug 2018

Data Sources

The property at 16 Forbes Close, Newlyn, Penzance, Penwith, Cornwall, TR18 5EU appears once in the Land Registry records, with the transaction recorded on 20 Dec 1996. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jun 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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