The Old Custom House, 53 Chapel Street, Penzance, TR18 4AF is a freehold terraced property built between 1900-1929. The property offers approximately 3,681 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 £690,978 , which equates to approximately £188 per square foot. It was last sold on 28 Jul 2004 for £390,000. Since then, the value has increased by £300,978, representing a 77.2% increase, or approximately 3.6% per year.

The current estimated value of £690,978 is:

  • 116.3% higher than the average property price on Chapel Street
  • 85.7% higher than the average in the TR18 4AF postcode area
  • and 126.9% 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 12 August 2020, the property was recorded as owner-occupied.

View sold house prices in TR18 4AF

Building approximate location

About Property

Type
Semi-Detached House
Built
1900-1929
Interior Size
3681 sq ft
Tenure
Freehold
Price (estimate)
£690,978
Price Per sq ft (estimate)
£188
Bedroom Count (estimate)
6 bedrooms

EPC Summary

The Old Custom House, 53 Chapel Street, Penzance, Cornwall, TR18 4AF has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 12 Aug 2020.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are single glazed.

The previous EPC assessment was conducted on 1 Nov 2010, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 7.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to electric storage heaters, changing energy efficiency from very good to average.
  • The hot water system was changed from from main system to electric instantaneous at point of use, with its energy efficiency changing from very good to very poor.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 75 mm loft insulation, changing energy efficiency from very good to average.
  • 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 lighting was updated from low energy lighting in 84% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 75 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 67% of fixed outlets
Good

Compared to TR18 4AF

2 nd / 15
Price Rank
86% higher than average
1 st / 7
Size Rank
233% bigger than average
7 th / 7
Price Per Sq FT Rank
44% lower than average

Compared to other properties in TR18 4AF , this house's estimated value ranks 2nd out of 15. Based on price per square foot, it ranks 7th out of 7 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 1st out of 7 properties in its postcode area.

Sale History

Today
£690,978
streetscan.co.uk estimate
+77 %
28 Jul 2004
£390,000
Leasehold
+609.1 %
27 Sep 1996
£55,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 1152 sq ft
sale price: £440,000
sale date: 20 Jul 2023
rooms: 3
size: 710 sq ft
sale price: £356,000
sale date: 26 Sep 2022
rooms: 3
size: 764 sq ft
sale price: £238,000
sale date: 31 Aug 2022
rooms: 4
size: 818 sq ft
sale price: £452,000
sale date: 11 Nov 2022
rooms: 8
size: 2390 sq ft
sale price: £505,000
sale date: 15 Oct 2021

Data Sources

The property at The Old Custom House, 53 Chapel Street, Penzance, TR18 4AF appears two times in the Land Registry records, with the latest transaction recorded on 28 Jul 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Aug 2020. 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.