Flat 4, Orchard House Orchard Place, Newlyn, Penzance, TR18 5BG is a leasehold flat built between 1967-1975. The property offers approximately 474 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 £129,167 , which equates to approximately £273 per square foot. It was last sold on 19 Oct 1999 for £33,750. Since then, the value has increased by £95,417, representing a 282.7% increase, or approximately 10.8% per year.

The current estimated value of £129,167 is:

  • 43.8% lower than the average property price on Orchard Place
  • 42.7% lower than the average in the TR18 5BG postcode area
  • and 57.6% lower than the average price for Penzance as a whole

View sold house prices in TR18 5BG

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£129,167
Price Per sq ft (estimate)
£273
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 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 16 Jan 2018.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Nov 2008, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 67.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall construction or insulation changed from solid brick, with internal insulation to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR18 5BG

18 th / 21
Price Rank
43% lower than average
12 th / 17
Size Rank
26% smaller than average
16 th / 17
Price Per Sq FT Rank
23% lower than average

Compared to other properties in TR18 5BG , this flat's estimated value ranks 18th out of 21. Based on price per square foot, it ranks 16th 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 12th out of 17 properties in its postcode area.

Sale History

Today
£129,167
streetscan.co.uk estimate
+283 %
19 Oct 1999
£33,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 431 sq ft
sale price: £120,000
sale date: 13 Aug 2021
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

Data Sources

The property at Flat 4, Orchard House Orchard Place, Newlyn, Penzance, Penwith, Cornwall, TR18 5BG appears once in the Land Registry records, with the transaction recorded on 19 Oct 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jan 2018. 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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