Key Street Insights
Pennance Lane is a residential street with 37 addresses.
It ranks as the 376th largest of the 430 streets in the TR16 area.
The street contains a total of 37 properties: 18 houses and 19 other properties.
- Ave. Sale Price
- £405,638
- 10 Year change
- up 43.9%
- Ave. Rental Price
- £1,336pcm
- 10 Year change
- up 68.9%
- Ave. £ per ft²
- £341/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Street Insights
Pennance Lane is a residential street with 37 addresses.
It ranks as the 376th largest of the 430 streets in the TR16 area.
The street contains a total of 37 properties: 18 houses and 19 other properties.
- Ave. Sale Price
- £405,638
- 10 Year change
- up 43.9%
- Ave. Rental Price
- £1,336pcm
- 10 Year change
- up 68.9%
- Ave. £ per ft²
- £341/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Properties on Pennance Lane, Lanner, Redruth, TR16
- Albany
4 Bed Mid-century House
- Bella Vista
House
- Cardene
House
- Chycarn
3 Bed House
- Dunelm
3 Bed Mid-century House
Sales Market Trends
The last sale on Pennance Lane sold for £481,650 on 12th August 2022. Since then prices are down an average of 4.5%.
The current average value in the street is £405,638.
The Pennance Lane Sales Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £405,638 |
| June 2025 | -0.3% | £421,506 |
| June 2024 | -2.3% | £422,724 |
| June 2023 | 2.3% | £432,728 |
| June 2022 | 15.6% | £423,111 |
| June 2021 | 12% | £365,958 |
| June 2020 | 3.4% | £326,626 |
| June 2019 | 3.3% | £315,919 |
| June 2018 | 2.8% | £305,966 |
| June 2017 | 5.6% | £297,602 |
| June 2016 | 3.9% | £281,881 |
| June 2015 | 0.9% | £271,189 |
| June 2014 | 4.1% | £268,683 |
| June 2013 | -0.8% | £258,016 |
| June 2012 | 0.1% | £260,147 |
| June 2011 | 1.2% | £259,899 |
| June 2010 | 2.8% | £256,851 |
| June 2009 | -9.9% | £249,774 |
| June 2008 | -1.7% | £277,069 |
| June 2007 | 0% | £281,770 |
Rental Market Trends
The current average rental value in the street is £1,336.
The Pennance Lane Rental Market has increased by 68.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £1,336pcm |
| June 2025 | 8% | £1,273pcm |
| June 2024 | 5.3% | £1,179pcm |
| June 2023 | 4.6% | £1,120pcm |
| June 2022 | 9.5% | £1,070pcm |
| June 2021 | 13.6% | £977pcm |
| June 2020 | 1.2% | £860pcm |
| June 2019 | 4.4% | £850pcm |
| June 2018 | 2.4% | £814pcm |
| June 2017 | 0.4% | £794pcm |
| June 2016 | 1.6% | £791pcm |
| June 2015 | 2% | £779pcm |
| June 2014 | 2.9% | £763pcm |
| June 2013 | -0.8% | £742pcm |
| June 2012 | 1.3% | £748pcm |
| June 2011 | 2.5% | £738pcm |
| June 2010 | 4.6% | £720pcm |
| June 2009 | -6.5% | £688pcm |
| June 2008 | 4.2% | £736pcm |
| June 2007 | 0% | £706pcm |
Sales History
The last recorded sale was on 12th August 2022 for £481,650 and since then the market in the area has decreased by 4.5%.
Pennance Lane, Lanner, Redruth, TR16 has had 3 sales since 1995, none of them in the last three years.
- Sold Aug 2022£481,650 | 4 Bed HousePenvearne, Pennance Lane, Redruth, TR16 5TLPenvearne, Pennance Lane, Redruth, TR16 5TL
- Sold Jul 2022£485,000 | 3 Bed HouseMaytree Cottage, Pennance Lane, Redruth, TR16 5TLMaytree Cottage, Pennance Lane, Redruth, TR16 5TL
- Sold Aug 2019£325,000 | 4 Bed HousePennance House, Pennance Lane, Redruth, TR16 5TWPennance House, Pennance Lane, Redruth, TR16 5TW
Top 3 Most Expensive Sales
- Sold Jul 2022£485,000 | 3 Bed HouseMaytree Cottage, Pennance Lane, Redruth, TR16 5TLMaytree Cottage, Pennance Lane, Redruth, TR16 5TL
- Sold Aug 2022£481,650 | 4 Bed HousePenvearne, Pennance Lane, Redruth, TR16 5TLPenvearne, Pennance Lane, Redruth, TR16 5TL
- Sold Jul 2018£399,950 | 4 Bed HouseThe Homestead, Pennance Lane, Redruth, TR16 5TWThe Homestead, Pennance Lane, Redruth, TR16 5TW
Nearby Streets
Pennance Lane, Lanner, Redruth, TR16 is the 376th largest and the 327th most expensive street in the TR16 area.
- Glenside Gardens, Lanner, Redruth, TR162 Addresses|57 m away
- Penmayne Parc, Lanner, Redruth, TR1642 Addresses|88 m away
- Blackberry Close, Lanner, Redruth, TR1614 Addresses|142 m away
- Brays Terrace, Lanner, Redruth, TR169 Addresses|160 m away
- Grays Terrace, Lanner, Redruth, TR1611 Addresses|165 m away
- Woodlands Terrace, Lanner, Redruth, TR167 Addresses|167 m away
Sections of this street
There are 2 postcodes on Pennance Lane, Lanner, Redruth, TR16.
- House prices in TR16 5TL23 Addresses
- House prices in TR16 5TW14 Addresses
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 15 properties.
- The most common rating is E.
- A (0)
- E (6)
- B (1)
- F (3)
- C (3)
- G (1)
- D (1)
- No EPC (22)
Schools Nearby
- Lanner Primary School300 m away
- Trewirgie Junior School2.3 km away
- Trewirgie Infants' School2.3 km away
- Redruth School3.2 km away
- Pool Academy5.1 km away
- Camborne Science and International Academy7.9 km away
More reading links
Public Transport Nearby
The closest station to Pennance Lane, Lanner, Redruth, TR16 is Redruth station, which is 2.5 kilometres away.
- Redruth|2.5 km away
- Perranwell|6.4 km away
- Camborne|6.9 km away
