3, Old Cable Lane
3, Old Cable Lane
Description & Estimates
According to the public record, 3, Old Cable Lane, Penzance is a modern freehold house with 2,217 ft2 of internal area and sits on a 728 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Old Cable Lane, Penzance is £775,227 and the estimated rental value is £1,910 per month.
Old Cable Lane, St. Levan, Penzance, TR19 is located within the TR19 postal district.
Our Data Sources
3, Old Cable Lane, Penzance has 21 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated May 2018.
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
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 3, Old Cable Lane, Penzance is in very good condition we estimate a sale value of £813,988 and a rental value of £2,005 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £720,961 and a rental value of £1,776 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Old Cable Lane, Penzance has dropped by £24,580 (3.2%), while its estimated rental value has risen by £60 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 3.0%.
Plot Size
According to data from HM Land Registry, 3, Old Cable Lane, Penzance sits on a plot of 728 m2.
We have plot size data on 7 out of 7 other houses in the postcode and 3, Old Cable Lane, Penzance sits on the 3rd largest plot.
Energy Efficiency
3, Old Cable Lane, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, 3, Old Cable Lane, Penzance was last sold on 1st March 2019 for £635,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2019, the market for similar properties has risen by 12.0%.
- Sold Mar 2019£635,000
- Sold Apr 2003£330,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Old Cable Lane, Penzance within a radius of 7.2 kilometres over the last 2 years.
The most recent example is Foxhill, Penzance, TR19 6LJ, a freehold house which sold for £825,000 on the 22nd February 2021.
Read more about house prices in TR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Old Cable Lane, St. Levan, Penzance, TR19 has a total of 7 addresses. According to our analysis of all the public data, 3, Old Cable Lane, Penzance is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £416k more expensive than the average property in TR19.
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Schools Nearby
- 1.4kmSt Levan Primary School
- 3.9kmSennen Community Primary Academy
- 3.9kmSt Buryan Primary School
- 8.8kmCape Cornwall School
- 11.5kmMounts Bay Academy
- 11.9kmHumphry Davy School
More reading links
Public Transport Nearby
The closest station to 3, Old Cable Lane, Penzance is Penzance station, which is 12.1 kilometres away.
- 12.1kmPenzance
- 20.4kmSt Erth
- 21.2kmLelant Saltings
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
