Gears Farm House Gears Lane, Goldsithney, Penzance, TR20 9LB is a freehold detached property built before 1900. The property offers approximately 1,991 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 £496,516 , which equates to approximately £249 per square foot. It was last sold on 20 Mar 1996 for £80,000. Since then, the value has increased by £416,516, representing a 520.6% increase, or approximately 17.5% per year.

The current estimated value of £496,516 is:

  • 8.8% higher than the average property price on Gears Lane
  • 2.9% higher than the average in the TR20 9LB postcode area
  • and 63.0% higher 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 7 June 2021, the property was recorded as owner-occupied.

View sold house prices in TR20 9LB

Building approximate location

About Property

Type
Detached House
Built
before 1900
Interior Size
1991 sq ft
Tenure
Freehold
Price (estimate)
£496,516
Price Per sq ft (estimate)
£249
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Gears Farm House Gears Lane, Goldsithney, Penzance, Penwith, Cornwall, TR20 9LB has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 7 Jun 2021.

This property uses an LPG-fired boiler with radiators as its main heating source. Hot water is provided from the main heating system, supplemented by a solar water heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 31 Oct 2014. The rating of F remains the same, but the energy efficiency score improved by 42.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to poor, while the heating system type remained the same (boiler and radiators, lpg).
  • The hot water system changed from from main system to from main system, plus solar, with no change in energy efficiency (average).
  • The roof construction or insulation changed from pitched, no insulation to pitched, 200 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining granite or whinstone, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, LPG
Poor
Hot Water
From main system, plus solar
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Granite or whinstone, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR20 9LB

14 th / 23
Price Rank
3% higher than average
3 rd / 17
Size Rank
43% bigger than average
16 th / 17
Price Per Sq FT Rank
28% lower than average

Compared to other properties in TR20 9LB , this house's estimated value ranks 14th out of 23. 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 3rd out of 17 properties in its postcode area.

Sale History

Today
£496,516
streetscan.co.uk estimate
+521 %
20 Mar 1996
£80,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 9
size: 2164 sq ft
sale price: £605,000
sale date: 23 Oct 2020

Data Sources

The property at Gears Farm House Gears Lane, Goldsithney, Penzance, Penwith, Cornwall, TR20 9LB appears once in the Land Registry records, with the transaction recorded on 20 Mar 1996. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jun 2021. 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.