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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Pennance Lane, Redruth is a mid-century freehold house with 764 ft2 of internal area and sits on a 473 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Pennance Lane, Redruth is £289,701 and the estimated rental value is £1,259 per month.
Pennance Lane, Lanner, Redruth, TR16 is located within the TR16 postal district.
2, Pennance Lane, Redruth has a single entry in the Land Registry from March 2014 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Pennance Lane, Redruth is in very good condition we estimate a sale value of £304,186 and a rental value of £1,322 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,422 and a rental value of £1,171 per month.
Over the last 12 months the sale value of 2 Pennance Lane Redruth has decreased by an estimated £11,291 (3.9%) and its rental value has increased by an estimated £52 per month (4.1%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 2, Pennance Lane, Redruth sits on a plot of 473m2.
We have plot size data on 10 out of 14 other houses in the postcode and 2, Pennance Lane, Redruth sits on the 7th largest plot.
2, Pennance Lane, Redruth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, 2, Pennance Lane, Redruth was last sold on 31st March 2014 for £165,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2014, the market for similar properties has risen 71.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pennance Lane, Redruth within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 44, Lanmoor Estate, Redruth, TR16 6HN, a freehold house which sold for £235,000 on the 2nd December 2025.
Read more about house prices in TR16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennance Lane, Lanner, Redruth, TR16 has a total of 37 addresses. According to our analysis of all the public data, 2, Pennance Lane, Redruth is the 33rd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in TR16.
The closest station to 2, Pennance Lane, Redruth is Redruth station which is 2.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Pennance Lane, Redruth, 55.9% of property is privately owned outright and 32.2% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Pennance Lane, Redruth, 10.1% of residents are recorded as possessing school level qualifications and 33.6% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Pennance Lane, Redruth, the average age was 45.1 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Pennance Lane, Redruth, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Pennance Lane, Redruth, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
