4 Forbes Close, Newlyn, Penzance, TR18 5EU is a freehold terraced property built between 1976-1982. The property offers approximately 818 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 £215,989 , which equates to approximately £264 per square foot. It was last sold on 12 May 2021 for £187,500. Since then, the value has increased by £28,489, representing a 15.2% increase, or approximately 3.3% per year.

The current estimated value of £215,989 is:

  • 11.8% lower than the average property price on Forbes Close
  • 8.7% lower than the average in the TR18 5EU postcode area
  • and 29.1% lower than the average price for Penzance as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 3 inspections). 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 20 March 2024, the property was recorded as rented.

View sold house prices in TR18 5EU

Building approximate location

About Property

Type
Terraced House
Built
1976-1982
Interior Size
818 sq ft
Tenure
Freehold
Price (estimate)
£215,989
Price Per sq ft (estimate)
£264
Bedroom Count (estimate)
2 bedrooms

EPC Summary

4 Forbes Close, Newlyn, Penzance, Penwith, Cornwall, TR18 5EU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Mar 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 22 Mar 2021, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 21.7%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from average to 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 changed from low energy lighting in 78% of fixed outlets to low energy lighting in 80% of fixed outlets, with no change in efficiency (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 80% of fixed outlets
Very Good

Compared to TR18 5EU

13 th / 15
Price Rank
9% lower than average
6 th / 11
Size Rank
2% bigger than average
9 th / 11
Price Per Sq FT Rank
10% lower than average

Compared to other properties in TR18 5EU , this house's estimated value ranks 13th out of 15. Based on price per square foot, it ranks 9th 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 6th out of 11 properties in its postcode area.

Sale History

Today
£215,989
streetscan.co.uk estimate
+15 %
12 May 2021
£187,500
Leasehold
+44.2 %
12 Aug 2004
£130,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 926 sq ft
sale price: £252,000
sale date: 28 Oct 2022
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: 3
size: 710 sq ft
sale price: £155,000
sale date: 21 Aug 2015

Data Sources

The property at 4 Forbes Close, Newlyn, Penzance, TR18 5EU appears two times in the Land Registry records, with the latest transaction recorded on 12 May 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Mar 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.