Albany Pennance Lane, Lanner, Redruth, TR16 5TL is a freehold detached property built between 1950-1966. The property offers approximately 1,808 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £391,615 , which equates to approximately £217 per square foot. It was last sold on 22 Aug 2013 for £249,950. Since then, the value has increased by £141,665, representing a 56.7% increase, or approximately 4.6% per year.

The current estimated value of £391,615 is:

  • 11.2% higher than the average property price on Pennance Lane
  • 8.2% higher than the average in the TR16 5TL postcode area
  • and 61.5% 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 3 November 2016, the property was recorded as owner-occupied.

View sold house prices in TR16 5TL

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
1808 sq ft
Tenure
Freehold
Price (estimate)
£391,615
Price Per sq ft (estimate)
£217
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Albany Pennance Lane, Lanner, Redruth, Kerrier, Cornwall, TR16 5TL has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 3 Nov 2016.

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 8 Mar 2013, when the property was rated D. The current rating of F reflects a decline in energy efficiency of 42.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to roof room(s), no insulation (assumed), changing energy efficiency from good to very poor.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 82% of fixed outlets to low energy lighting in 17% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system
Average
Roof
Roof room(s), no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 17% of fixed outlets
Poor

Compared to TR16 5TL

6 th / 12
Price Rank
8% higher than average
1 st / 5
Size Rank
62% bigger than average
5 th / 5
Price Per Sq FT Rank
33% lower than average

Compared to other properties in TR16 5TL , this bungalow's estimated value ranks 6th out of 12. Based on price per square foot, it ranks 5th out of 5 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 1st out of 5 properties in its postcode area.

Sale History

Today
£391,615
streetscan.co.uk estimate
+57 %
22 Aug 2013
£249,950
Leasehold
+2 %
3 Feb 2012
£245,000
Leasehold
+150 %
18 Dec 2000
£98,000
Leasehold
+25.6 %
7 May 1998
£78,000
Leasehold
+30.1 %
6 Mar 1996
£59,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1658 sq ft
sale price: £481,650
sale date: 12 Aug 2022
rooms: 6
size: 1572 sq ft
sale price: £399,950
sale date: 24 Jul 2018

Data Sources

The property at Albany Pennance Lane, Lanner, Redruth, TR16 5TL appears five times in the Land Registry records, with the latest transaction recorded on 22 Aug 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Nov 2016. 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.