8 Pennance Parc, Lanner, Redruth, TR16 5TY is a freehold detached property built between 1996-2002. The property offers approximately 911 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 £366,864 , which equates to approximately £401 per square foot. It was last sold on 26 Nov 2020 for £315,000. Since then, the value has increased by £51,864, representing a 16.5% increase, or approximately 3.3% per year.

The current estimated value of £366,864 is:

  • 6.3% higher than the average property price on Pennance Parc
  • 0.2% lower than the average in the TR16 5TY postcode area
  • and 51.3% 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 September 2011, the property was recorded as owner-occupied.

View sold house prices in TR16 5TY

Building approximate location

About Property

Type
Detached Bungalow
Built
1996-2002
Interior Size
911 sq ft
Tenure
Freehold
Price (estimate)
£366,864
Price Per sq ft (estimate)
£401
Bedroom Count (estimate)
3 bedrooms

EPC Summary

8 Pennance Parc, Lanner, Redruth, Cornwall, TR16 5TY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Sep 2011.

This property uses an oil-fired boiler with radiators 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 21 Oct 2008, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 22.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, oil, improving energy efficiency from poor to good.
  • The hot water system changed from electric immersion, off-peak to from main system, with no change in energy efficiency (average).
  • The roof construction or insulation changed from pitched, 300+mm loft insulation to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
Heating Type
Boiler and radiators, oil
Good
Hot Water
From main system
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to TR16 5TY

7 th / 25
Price Rank
0% same as average
13 th / 14
Size Rank
8% smaller than average
3 rd / 14
Price Per Sq FT Rank
9% higher than average

Compared to other properties in TR16 5TY , this bungalow's estimated value ranks 7th out of 25. Based on price per square foot, it ranks 3rd out of 14 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 13th out of 14 properties in its postcode area.

Sale History

Today
£366,864
streetscan.co.uk estimate
+16 %
26 Nov 2020
£315,000
Leasehold
+34 %
9 Oct 2014
£235,000
Leasehold
+13.5 %
9 Jan 2014
£207,000
Leasehold
+1 %
23 Mar 2012
£205,000
Leasehold
+5.1 %
15 Jan 2009
£195,000
Leasehold
+103.1 %
3 Jul 2001
£96,010
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 969 sq ft
sale price: £274,500
sale date: 15 Nov 2019
rooms: 6
size: 980 sq ft
sale price: £205,000
sale date: 1 Nov 2011
rooms: 4
size: 850 sq ft
sale price: £185,000
sale date: 30 Nov 2006
rooms: 4
size: 990 sq ft
sale price: £139,000
sale date: 8 May 2002
rooms: 5
size: 1044 sq ft
sale price: £87,500
sale date: 18 Jan 2001

Data Sources

The property at 8 Pennance Parc, Lanner, Redruth, TR16 5TY appears six times in the Land Registry records, with the latest transaction recorded on 26 Nov 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Sep 2011. 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.