40 Penlee Street, Penzance, TR18 2DE is a freehold terraced property built between 1930-1949. The property offers approximately 657 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 £188,877 , which equates to approximately £288 per square foot. It was last sold on 5 Nov 2009 for £118,000. Since then, the value has increased by £70,877, representing a 60.1% increase, or approximately 3.7% per year.

The current estimated value of £188,877 is:

  • 5.7% lower than the average property price on Penlee Street
  • 1.9% lower than the average in the TR18 2DE postcode area
  • and 38.0% lower than the average price for Penzance as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 30 March 2023, the property was recorded as rented.

View sold house prices in TR18 2DE

Building approximate location

About Property

Type
Terraced House
Built
1930-1949
Interior Size
657 sq ft
Tenure
Freehold
Price (estimate)
£188,877
Price Per sq ft (estimate)
£288
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Penlee Street, Penzance, Cornwall, TR18 2DE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Mar 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Jun 2009, and the property received the same rating of D with an unchanged energy efficiency score of 62.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from flat, limited insulation (assumed) to pitched, no insulation (assumed), with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to granite or whinstone, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 88% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to TR18 2DE

34 th / 38
Price Rank
2% lower than average
9 th / 31
Size Rank
6% bigger than average
26 th / 31
Price Per Sq FT Rank
8% lower than average

Compared to other properties in TR18 2DE , this house's estimated value ranks 34th out of 38. Based on price per square foot, it ranks 26th out of 31 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 9th out of 31 properties in its postcode area.

Sale History

Today
£188,877
streetscan.co.uk estimate
+60 %
5 Nov 2009
£118,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £233,000
sale date: 15 Dec 2023
rooms: 4
size: 743 sq ft
sale price: £190,000
sale date: 29 Jun 2023
rooms: 3
size: 614 sq ft
sale price: £177,000
sale date: 14 Jan 2022
rooms: 3
size: 635 sq ft
sale price: £159,000
sale date: 26 Nov 2021
rooms: 3
size: 570 sq ft
sale price: £146,000
sale date: 17 Jun 2020

Data Sources

The property at 40 Penlee Street, Penzance, Cornwall, TR18 2DE appears once in the Land Registry records, with the transaction recorded on 5 Nov 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Mar 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.


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