3 Pennance Terrace, Lanner, Redruth, TR16 5TP is a freehold terraced property built before 1900. The property offers approximately 807 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 £266,541 , which equates to approximately £330 per square foot. It was last sold on 2 May 2024 for £260,000. Since then, the value has increased by £6,541, representing a 2.5% increase, or approximately 1.5% per year.

The current estimated value of £266,541 is:

  • 9.5% higher than the average property price on Pennance Terrace
  • 3.4% higher than the average in the TR16 5TP postcode area
  • and 10.0% higher than the average price for Redruth 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 29 November 2023, the property was recorded as owner-occupied.

View sold house prices in TR16 5TP

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
807 sq ft
Tenure
Freehold
Price (estimate)
£266,541
Price Per sq ft (estimate)
£330
Bedroom Count (estimate)
2 bedrooms

EPC Summary

3 Pennance Terrace, Lanner, Redruth, Cornwall, TR16 5TP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Nov 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Nov 2016, when the property was rated G. Since then, the rating has improved to D, with the energy efficiency score increasing by 185%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, dual fuel (mineral and wood) to room heaters, electric, changing energy efficiency from poor to very poor.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 270 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from granite or whinstone, as built, no insulation (assumed) to granite or whinstone, with internal insulation, improving energy efficiency from very poor to good.
  • The windows were upgraded from some double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 270 mm loft insulation
Good
Walls
Granite or whinstone, with internal insulation
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR16 5TP

8 th / 13
Price Rank
3% higher than average
4 th / 10
Size Rank
5% bigger than average
7 th / 10
Price Per Sq FT Rank
1% lower than average

Compared to other properties in TR16 5TP , this house's estimated value ranks 8th out of 13. Based on price per square foot, it ranks 7th out of 10 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 4th out of 10 properties in its postcode area.

Sale History

Today
£266,541
streetscan.co.uk estimate
+3 %
2 May 2024
£260,000
Leasehold
+126.1 %
23 May 2019
£115,000
Leasehold
+13.9 %
16 Jan 2019
£101,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 743 sq ft
sale price: £273,000
sale date: 15 Nov 2024
rooms: 5
size: 732 sq ft
sale price: £270,000
sale date: 2 Feb 2024
rooms: 5
size: 893 sq ft
sale price: £265,000
sale date: 22 Nov 2021
rooms: 3
size: 797 sq ft
sale price: £81,950
sale date: 5 Sep 2002

Data Sources

The property at 3 Pennance Terrace, Lanner, Redruth, TR16 5TP appears three times in the Land Registry records, with the latest transaction recorded on 2 May 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Nov 2023. 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.