Our Data Sources
2, Ridgevale Lane, Penzance has 31 entries in the Land Registry, most recently in October 2019 and a single entry in the EPC database dated December 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Ridgevale Lane, Penzance, we estimate a market value of £560,114 and a rental value of £1,881 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £496,101 and £1,666 per month respectively.
Plot Size
HM Land Registry records the plot of land for 2, Ridgevale Lane, Penzance as measuring 967 m2.
That makes it the largest plot in the postcode, where 3 of the 6 other houses have recorded plot data.
Energy Efficiency
2, Ridgevale Lane, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (oil).
Sold Prices
The most recent sale of 2, Ridgevale Lane, Penzance completed on 25th October 2019 at £435,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 6.7% over the period since October 2019.
- Sold Oct 2019£435,000
- Sold Mar 2007£315,000
- Sold Jul 2002£230,000
Similar Properties Sold Nearby
Since 2014 6 properties similar to 2, Ridgevale Lane, Penzance have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th July 2023, was 12, Penrose Terrace, Penzance, TR18 2HQ, a freehold house which sold for £650,000.
Read more about house prices in TR18.
- Sold Jul 2023£650,000 | 5 Bed House12, Penrose Terrace, Penzance, TR18 2HQ12, Penrose Terrace, Penzance, TR18 2HQ
- Sold Jan 2021£450,000 | 5 Bed House30, Penare Road, Penzance, TR18 3AJ30, Penare Road, Penzance, TR18 3AJ
- Sold Dec 2017£410,000 | 5 Bed House8, Penrose Terrace, Penzance, TR18 2HQ8, Penrose Terrace, Penzance, TR18 2HQ
- Sold Jan 2016£308,000 | 5 Bed HouseChyandour Hall, Chyandour Square, Penzance, TR18 3LWChyandour Hall, Chyandour Square, Penzance, TR18 3LW
- Sold May 2015£295,000 | 5 Bed HouseLanherne, Lescudjack Terrace, Penzance, TR18 3AELanherne, Lescudjack Terrace, Penzance, TR18 3AE
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £363,597, ranging from £147,886 to £458,748.
- Grooms Cottage
3 Bed House | 11 m | Est. Value: £384,664
- 1 Ridgevale Lane
4 Bed House | 27 m | Est. Value: £456,527
- The Old Coach House
5 Bed House | 29 m | Est. Value: £458,748
- Agans
3 Bed House | 31 m | Est. Value: £307,775
- 3 Ridgevale Lane
4 Bed House | 32 m | Est. Value: £452,262
Location Comparison
Of the 6 addresses on Ridgevale Lane, Gulval, Penzance, TR18, 2, Ridgevale Lane, Penzance comes out as the largest and the most expensive in our analysis of the public data.
It is also £247k more expensive than the average property across the TR18 district.
More reading links
Schools Nearby
- Gulval School400 m away
- St Mary's Catholic School, Penzance800 m away
- Pensans Community Primary School1.5 km away
- Humphry Davy School1.1 km away
- Mounts Bay Academy1.9 km away
- St Ives School8.6 km away
More reading links
Public Transport Nearby
- Penzance|1.1 km away
- St Erth|7.5 km away
- Lelant Saltings|8.2 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
