4 Pennance Terrace, Lanner, Redruth, TR16 5TP is a freehold terraced property built before 1900. The property offers approximately 743 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 £275,820 , which equates to approximately £371 per square foot. It was last sold on 15 Nov 2024 for £273,000. Since then, the value has increased by £2,820, representing a 1.0% increase, or approximately 0.9% per year.

The current estimated value of £275,820 is:

  • 13.3% higher than the average property price on Pennance Terrace
  • 7.0% higher than the average in the TR16 5TP postcode area
  • and 13.8% higher than the average price for Redruth as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 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 14 August 2024, 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
743 sq ft
Tenure
Freehold
Price (estimate)
£275,820
Price Per sq ft (estimate)
£371
Bedroom Count (estimate)
2 bedrooms

EPC Summary

4 Pennance Terrace, Lanner, Redruth, Cornwall, TR16 5TP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Aug 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 29 Mar 2014, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 68.4%.

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 was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from granite or whinstone, as built, no insulation (assumed) to timber frame, as built, partial insulation (assumed), improving energy efficiency from very poor to average.
  • The lighting was updated from low energy lighting in 27% of fixed outlets to low energy lighting in 73% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Timber frame, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 73% of fixed outlets
Very Good

Compared to TR16 5TP

5 th / 13
Price Rank
7% higher than average
6 th / 10
Size Rank
4% smaller than average
3 rd / 10
Price Per Sq FT Rank
11% higher than average

Compared to other properties in TR16 5TP , this house's estimated value ranks 5th out of 13. Based on price per square foot, it ranks 3rd out of 10 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 6th out of 10 properties in its postcode area.

Sale History

Today
£275,820
streetscan.co.uk estimate
+1 %
15 Nov 2024
£273,000
Leasehold
+42.2 %
22 Mar 2016
£192,000
Leasehold
+1.1 %
30 Jul 2010
£189,950
Leasehold
-2.6 %
18 Jul 2007
£195,000
Leasehold
+353.5 %
5 Nov 1998
£43,000
Leasehold

Area Insights

Similar Properties Sold Nearby

3 Pennance Terrace, Lanner, Redruth, TR16 5TP
rooms: 4
size: 807 sq ft
sale price: £260,000
sale date: 2 May 2024
14 Pennance Terrace, Lanner, Redruth, TR16 5TP
rooms: 5
size: 732 sq ft
sale price: £270,000
sale date: 2 Feb 2024

Data Sources

The property at 4 Pennance Terrace, Lanner, Redruth, TR16 5TP appears five times in the Land Registry records, with the latest transaction recorded on 15 Nov 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Aug 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.
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