38 Forbes Road, Newlyn, Penzance, TR18 5DQ is a freehold detached property built between 1967-1975. The property offers approximately 872 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 £304,940 , which equates to approximately £350 per square foot. It was last sold on 5 Mar 2021 for £265,000. Since then, the value has increased by £39,940, representing a 15.1% increase, or approximately 3.1% per year.

The current estimated value of £304,940 is:

  • 11.0% higher than the average property price on Forbes Road
  • 15.8% higher than the average in the TR18 5DQ postcode area
  • and 0.1% higher 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 14 September 2020, the property was recorded as owner-occupied.

View sold house prices in TR18 5DQ

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
872 sq ft
Tenure
Freehold
Price (estimate)
£304,940
Price Per sq ft (estimate)
£350
Bedroom Count (estimate)
3 bedrooms

EPC Summary

38 Forbes Road, Newlyn, Penzance, Penwith, Cornwall, TR18 5DQ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 14 Sep 2020.

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 5 Jul 2010, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 38.9%.

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, 100 mm loft insulation to pitched, 150 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to timber frame, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 17% 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, 150 mm loft insulation
Good
Walls
Timber frame, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR18 5DQ

3 rd / 28
Price Rank
16% higher than average
5 th / 22
Size Rank
25% bigger than average
10 th / 22
Price Per Sq FT Rank
7% lower than average

Compared to other properties in TR18 5DQ , this bungalow's estimated value ranks 3rd out of 28. Based on price per square foot, it ranks 10th out of 22 properties. In terms of size, this home ranks 5th out of 22 properties in its postcode area.

Sale History

Today
£304,940
streetscan.co.uk estimate
+15 %
5 Mar 2021
£265,000
Leasehold
+41.3 %
25 Nov 2011
£187,500
Leasehold
+70.5 %
23 Nov 2001
£110,000
Leasehold
+61.9 %
17 Jul 1998
£67,950
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 657 sq ft
sale price: £180,000
sale date: 7 Dec 2017
rooms: 4
size: 495 sq ft
sale price: £225,000
sale date: 8 Nov 2007
rooms: 3
size: 721 sq ft
sale price: £201,000
sale date: 27 Nov 2014
rooms: 4
size: 658 sq ft
sale price: £145,000
sale date: 7 May 2010
rooms: 3
size: 646 sq ft
sale price: £200,000
sale date: 20 Oct 2023

Data Sources

The property at 38 Forbes Road, Newlyn, Penzance, TR18 5DQ appears four times in the Land Registry records, with the latest transaction recorded on 5 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Sep 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.