Lower Flat, 4 Clarence Place, Penzance, TR18 2QA is a leasehold flat built before 1900. The property offers approximately 1,238 square feet of living space. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £281,678 , which equates to approximately £228 per square foot. It was last sold on 9 Sep 2022 for £305,000. Since then, the value has decreased by £23,322, representing a 7.6% decrease, or approximately 2.3% per year.

The current estimated value of £281,678 is:

  • 28.4% lower than the average property price on Clarence Place
  • 30.2% lower than the average in the TR18 2QA postcode area
  • and 7.5% 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 19 May 2022, the property was recorded as owner-occupied.

View sold house prices in TR18 2QA

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1238 sq ft
Tenure
Leasehold
Price (estimate)
£281,678
Price Per sq ft (estimate)
£228
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Lower Flat, 4 Clarence Place, Penzance, Cornwall, TR18 2QA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 May 2022.

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 have some double glazing.

The previous EPC assessment was conducted on 2 Sep 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 33.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from gas multipoint to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from granite or whin, as built, no insulation (assumed) to granite or whinstone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from single glazed to some double glazing.
  • The lighting was updated from low energy lighting in 91% of fixed outlets to low energy lighting in 55% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Some double glazing
Poor
Lighting
Low energy lighting in 55% of fixed outlets
Good

Compared to TR18 2QA

9 th / 19
Price Rank
30% lower than average
6 th / 11
Size Rank
36% smaller than average
4 th / 11
Price Per Sq FT Rank
9% higher than average

Compared to other properties in TR18 2QA , this flat's estimated value ranks 9th out of 19. Based on price per square foot, it ranks 4th out of 11 properties. In terms of size, this home ranks 6th out of 11 properties in its postcode area.

Sale History

Today
£281,678
streetscan.co.uk estimate
-8 %
9 Sep 2022
£305,000
Leasehold
+134.6 %
16 Dec 2011
£130,000
Leasehold
+209.9 %
24 Jan 1997
£41,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1279 sq ft
sale price: £169,950
sale date: 24 Jun 2015
rooms: 5
size: 1216 sq ft
sale price: £187,000
sale date: 23 Dec 2009

Data Sources

The property at Lower Flat, 4 Clarence Place, Penzance, TR18 2QA appears three times in the Land Registry records, with the latest transaction recorded on 9 Sep 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 May 2022. 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.