Flat 1, 3 Penrose Terrace, Penzance, TR18 2HQ is a leasehold flat built before 1900. The property offers approximately 560 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £173,412 , which equates to approximately £310 per square foot. It was last sold on 1 Jul 2016 for £135,000. Since then, the value has increased by £38,412, representing a 28.5% increase, or approximately 3.0% per year.

The current estimated value of £173,412 is:

  • 59.6% lower than the average property price on Penrose Terrace
  • 60.4% lower than the average in the TR18 2HQ postcode area
  • and 43.1% lower than the average price for Penzance 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 9 May 2025, the property was recorded as owner-occupied.

View sold house prices in TR18 2HQ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£173,412
Price Per sq ft (estimate)
£310
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 3 Penrose Terrace, Penzance, Cornwall, TR18 2HQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 May 2025.

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 single glazed.

The previous EPC assessment was conducted on 4 Mar 2014. The rating of D remains the same, but the energy efficiency score improved by 11.7%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The lighting was changed from low energy lighting in 86% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR18 2HQ

10 th / 12
Price Rank
60% lower than average
9 th / 9
Size Rank
66% smaller than average
4 th / 9
Price Per Sq FT Rank
17% higher than average

Compared to other properties in TR18 2HQ , this flat's estimated value ranks 10th out of 12. Based on price per square foot, it ranks 4th out of 9 properties. In terms of size, this home ranks 9th out of 9 properties in its postcode area.

Sale History

Today
£173,412
streetscan.co.uk estimate
+28 %
1 Jul 2016
£135,000
Leasehold
+12.5 %
31 Aug 2005
£120,000
Leasehold
+33.4 %
29 Nov 2002
£89,950
Leasehold
+119.4 %
7 Aug 1998
£41,000
Leasehold
+8.6 %
19 Dec 1997
£37,750
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 2, 3 Penrose Terrace, Penzance, TR18 2HQ
rooms: 3
size: 627 sq ft
sale price: £122,000
sale date: 18 Oct 2016

Data Sources

The property at Flat 1, 3 Penrose Terrace, Penzance, TR18 2HQ appears five times in the Land Registry records, with the latest transaction recorded on 1 Jul 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 May 2025. 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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