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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
According to the public record, 38, Penwethers Lane, Truro is a early-century freehold house with 1,227 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Penwethers Lane, Truro is £382,881 and the estimated rental value is £1,462 per month.
Penwethers Lane, Truro, TR1 is located within the TR1 postal district.
38, Penwethers Lane, Truro has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 38, Penwethers Lane, Truro is in very good condition we estimate a sale value of £402,025 and a rental value of £1,535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,080 and a rental value of £1,360 per month.
Over the last 12 months the sale value of 38 Penwethers Lane Truro has decreased by an estimated £9,645 (2.5%) and its rental value has increased by an estimated £50 per month (3.4%), giving an expected gross yield of 4.6%.
38, Penwethers Lane, Truro has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 38, Penwethers Lane, Truro was last sold on 21st July 2023 for £393,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Penwethers Lane, Truro within a radius of 980 metres over the last 2 years.
The most recent example is 30, Penwethers Lane, Truro, TR1 3PW, a freehold house which sold for £200,000 on the 26th May 2023.
Read more about house prices in TR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penwethers Lane, Truro, TR1 has a total of 36 addresses. According to our analysis of all the public data, 38, Penwethers Lane, Truro is the 12th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in TR1.
The closest station to 38, Penwethers Lane, Truro is Truro station which is 900 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 38, Penwethers Lane, Truro, 63.9% of property is privately owned outright and 23.3% 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 38, Penwethers Lane, Truro, 8.3% of residents are recorded as possessing school level qualifications and 35.3% 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 38, Penwethers Lane, Truro, the average age was 42.5 and the most common age was 32.
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 38, Penwethers Lane, Truro, 0.4% 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 38, Penwethers Lane, Truro, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
