23 Penlee Manor Drive, Penzance, TR18 4HW is a freehold flat built between 1983-1990. The property offers approximately 700 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £242,609 , which equates to approximately £347 per square foot. It was last sold on 10 Jul 2020 for £210,000. Since then, the value has increased by £32,609, representing a 15.5% increase, or approximately 2.9% per year.

The current estimated value of £242,609 is:

  • 20.3% lower than the average property price on Penlee Manor Drive
  • 18.1% lower than the average in the TR18 4HW postcode area
  • and 20.3% lower than the average price for Penzance as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 25 November 2020, the property was recorded as owner-occupied.

View sold house prices in TR18 4HW

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
700 sq ft
Tenure
Freehold
Floor level
2nd floor
Price (estimate)
£242,609
Price Per sq ft (estimate)
£347
Bedroom Count (estimate)
2 bedrooms

EPC Summary

23 Penlee Manor Drive, Penzance, Cornwall, TR18 4HW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Nov 2020.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Apr 2019, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 20.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric immersion, standard tariff to electric instantaneous at point of use, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 50 mm loft insulation, changing energy efficiency from good to poor.
  • The wall energy efficiency improving from average to good, with the construction or insulation remaining cavity wall, filled cavity.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR18 4HW

25 th / 32
Price Rank
18% lower than average
17 th / 25
Size Rank
14% smaller than average
19 th / 25
Price Per Sq FT Rank
4% lower than average

Compared to other properties in TR18 4HW , this flat's estimated value ranks 25th out of 32. Based on price per square foot, it ranks 19th out of 25 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 17th out of 25 properties in its postcode area.

Sale History

Today
£242,609
streetscan.co.uk estimate
+16 %
10 Jul 2020
£210,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £260,000
sale date: 9 Feb 2024
rooms: 3
size: 667 sq ft
sale price: £200,000
sale date: 2 Jun 2017
rooms: 4
size: 700 sq ft
sale price: £161,000
sale date: 6 Jul 2016
rooms: 3
size: 633 sq ft
sale price: £130,500
sale date: 12 Jul 2012
rooms: 3
size: 633 sq ft
sale price: £136,400
sale date: 4 May 2012

Data Sources

The property at 23 Penlee Manor Drive, Penzance, Cornwall, TR18 4HW appears once in the Land Registry records, with the transaction recorded on 10 Jul 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Nov 2020. 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.