Flat 1, Orchard House Orchard Place, Newlyn, Penzance, TR18 5BG is a leasehold flat built between 1900-1929. The property offers approximately 431 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 £124,693 , which equates to approximately £290 per square foot. It was last sold on 13 Aug 2021 for £120,000. Since then, the value has increased by £4,693, representing a 3.9% increase, or approximately 0.9% per year.

The current estimated value of £124,693 is:

  • 45.7% lower than the average property price on Orchard Place
  • 44.6% lower than the average in the TR18 5BG postcode area
  • and 59.1% 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 2 February 2023, the property was recorded as owner-occupied.

View sold house prices in TR18 5BG

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£124,693
Price Per sq ft (estimate)
£290
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, Orchard House Orchard Place, Newlyn, Penzance, Penwith, Cornwall, TR18 5BG has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 2 Feb 2023.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows have partial double glazing.

The previous EPC assessment was conducted on 15 Dec 2022, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 50%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from no system present: electric immersion assumed to electric instantaneous at point of use, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), with no change in energy efficiency (poor).
  • The windows were upgraded from some double glazing to partial double glazing.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR18 5BG

19 th / 21
Price Rank
45% lower than average
15 th / 17
Size Rank
32% smaller than average
15 th / 17
Price Per Sq FT Rank
18% lower than average

Compared to other properties in TR18 5BG , this flat's estimated value ranks 19th out of 21. Based on price per square foot, it ranks 15th out of 17 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 15th out of 17 properties in its postcode area.

Sale History

Today
£124,693
streetscan.co.uk estimate
+4 %
13 Aug 2021
£120,000
Leasehold
+287.1 %
13 Apr 2000
£31,000
Leasehold
+26.5 %
17 Feb 1998
£24,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 431 sq ft
sale price: £121,000
sale date: 12 Apr 2020
rooms: 3
size: 415 sq ft
sale price: £122,000
sale date: 11 Sep 2019
rooms: 3
size: 463 sq ft
sale price: £115,000
sale date: 16 Oct 2017
rooms: 3
size: 495 sq ft
sale price: £54,500
sale date: 2 Apr 2001
rooms: 3
size: 474 sq ft
sale price: £33,750
sale date: 19 Oct 1999

Data Sources

The property at Flat 1, Orchard House Orchard Place, Newlyn, Penzance, TR18 5BG appears three times in the Land Registry records, with the latest transaction recorded on 13 Aug 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Feb 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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