2, Under Chapel Mews
2, Under Chapel Mews
Description & Estimates
2, Under Chapel Mews, Penzance is recorded publicly as a modern freehold house across 613 ft2 of internal area, sitting on a 60.5 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Under Chapel Mews, Penzance is £207,930 and its rental estimate is £1,011 per month, given the available information and assuming reasonable condition.
Under Chapel Mews, Penzance, TR18 falls within the TR18 postal district.
Our Data Sources
2, Under Chapel Mews, Penzance has 21 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated October 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.
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, Under Chapel Mews, Penzance, we estimate a market value of £218,326 and a rental value of £1,062 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £193,375 and £941 per month respectively.
Recent Market Change
Over the last year, 2, Under Chapel Mews, Penzance has seen its estimated sale value decline by £3,011 (1.4%) and its estimated rental value climb by £54 per month (5.3%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 2, Under Chapel Mews, Penzance as measuring 60 m2.
That makes it the 2nd largest plot in the postcode, where 2 of the 4 other houses have recorded plot data.
Energy Efficiency
2, Under Chapel Mews, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Oct 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Under Chapel Mews, Penzance completed on 24th October 2024 at £212,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 7.3% over the period since October 2024.
- Sold Oct 2024£212,000
- Sold May 2002£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Under Chapel Mews, Penzance have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th September 2025, was 5, Adelaide Street, Penzance, TR18 2ER, a freehold house which sold for £180,000.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Under Chapel Mews, Penzance, TR18, 2, Under Chapel Mews, Penzance comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the TR18 district.
More reading links
Schools Nearby
- 600mSt Mary's CofE Primary School, Penzance
- 1.1kmAlverton Primary School
- 1.2kmSt Mary's Catholic School, Penzance
- 1.1kmHumphry Davy School
- 2.2kmMounts Bay Academy
- 10.2kmSt Ives School
More reading links
Public Transport Nearby
From 2, Under Chapel Mews, Penzance, the nearest station is Penzance, 600 metres away.
- 600mPenzance
- 8.7kmSt Erth
- 9.6kmLelant Saltings
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
