1, Pennance Terrace
1, Pennance Terrace
Description & Estimates
The public record lists 1, Pennance Terrace, Launceston as a freehold house sitting on a 416 m2 plot.
Comparison with its neighbours suggests an early-century house with 1,385 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
1, Pennance Terrace, Launceston has an estimated sale value of £232,739 and an estimated rental value of £999 per month, assuming reasonable condition and based on the information available.
Pennance Terrace, Launceston, PL15 lies within the PL15 postal district.
Our Data Sources
1, Pennance Terrace, Launceston has 21 entries in the Land Registry , most recently in April 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Pennance Terrace, Launceston would be worth £244,376, with a potential rental value of £1,049 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £216,447, with a rental value of £929 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Pennance Terrace, Launceston has climbed by £7,851 (3.4%) over the last year. During the same period, its estimated monthly rental value has risen by £45 (4.5%). The property's estimated gross yield is currently 5.2%.
Plot Size
1, Pennance Terrace, Launceston occupies a 416 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Sold Prices
1, Pennance Terrace, Launceston last changed hands on 13th April 2010, selling for £156,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 119.3% since April 2010.
- Sold Apr 2010£156,000
- Sold Feb 1997£46,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 1, Pennance Terrace, Launceston across the last 2 years.
Most recently, The Hide, Windmill Hill, Launceston, PL15 9AG, a freehold house, sold at £425,000 on the 9th June 2023.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Pennance Terrace, Launceston as the largest and the most expensive of the 4 addresses on Pennance Terrace, Launceston, PL15.
Against the PL15 postcode district average, it is £76k less expensive than the typical property.
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Schools Nearby
- 100mWindmill Hill Academy
- 900mLaunceston Primary School
- 1.0kmSt Catherine's CofE Primary School
- 600mLaunceston College
- 14.6kmCallington Community College
- 17.9kmTavistock College
More reading links
Public Transport Nearby
Gunnislake station is the nearest stop to 1, Pennance Terrace, Launceston at 16.5 kilometres away.
- 16.5kmGunnislake
- 18.6kmCalstock
- 20.1kmBere Alston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
