3 Forbes Close, Newlyn, Penzance, TR18 5EU is a freehold terraced property built between 1976-1982. The property offers approximately 926 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £241,624 , which equates to approximately £261 per square foot. It was last sold on 28 Oct 2022 for £252,000. Since then, the value has decreased by £10,376, representing a 4.1% decrease, or approximately 1.3% per year.

The current estimated value of £241,624 is:

  • 1.3% lower than the average property price on Forbes Close
  • 2.1% higher than the average in the TR18 5EU postcode area
  • and 20.7% lower than the average price for Penzance as a whole

At the most recent EPC inspection on 13 October 2021, 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
926 sq ft
Tenure
Freehold
Price (estimate)
£241,624
Price Per sq ft (estimate)
£261
Bedroom Count (estimate)
3 bedrooms

EPC Summary

3 Forbes Close, Newlyn, Penzance, Cornwall, TR18 5EU has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 13 Oct 2021.

This property uses electric ceiling heating 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 10 Aug 2015. The rating of F remains the same, but the energy efficiency score improved by 11.8%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, insulated at rafters, with no change in energy efficiency (average).
  • 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 changed from low energy lighting in 78% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric ceiling heating
Very Poor
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, insulated at rafters
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR18 5EU

10 th / 15
Price Rank
2% higher than average
1 st / 11
Size Rank
15% bigger than average
10 th / 11
Price Per Sq FT Rank
11% lower than average

Compared to other properties in TR18 5EU , this house's estimated value ranks 10th out of 15. Based on price per square foot, it ranks 10th out of 11 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 1st out of 11 properties in its postcode area.

Sale History

Today
£241,624
streetscan.co.uk estimate
-4 %
28 Oct 2022
£252,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 818 sq ft
sale price: £187,500
sale date: 12 May 2021
rooms: 5
size: 893 sq ft
sale price: £155,000
sale date: 8 Feb 2019
rooms: 4
size: 818 sq ft
sale price: £187,000
sale date: 14 Dec 2018
rooms: 5
size: 893 sq ft
sale price: £170,000
sale date: 16 Aug 2018
rooms: 4
size: 807 sq ft
sale price: £173,500
sale date: 6 Oct 2006

Data Sources

The property at 3 Forbes Close, Newlyn, Penzance, Cornwall, TR18 5EU appears once in the Land Registry records, with the transaction recorded on 28 Oct 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Oct 2021. 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.