5, Custom House Lane
5, Custom House Lane
Description & Estimates
According to the public record, 5, Custom House Lane, Penzance is a period freehold house with 688 ft2 of internal area and sits on a 73.7 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Custom House Lane, Penzance is £414,715 and the estimated rental value is £1,138 per month.
Custom House Lane, Penzance, TR18 is located within the TR18 postal district.
Our Data Sources
5, Custom House Lane, Penzance has 21 entries in the Land Registry , most recently in January 2010 and a single entry in the EPC database dated September 2009.
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 5, Custom House Lane, Penzance is in very good condition we estimate a sale value of £435,451 and a rental value of £1,195 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,685 and a rental value of £1,059 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Custom House Lane, Penzance has fallen by £6,006 (1.4%), while its estimated rental value has moved up by £61 per month (5.3%). Based on current estimates, the property offers a gross rental yield of 3.3%.
Plot Size
According to data from HM Land Registry, 5, Custom House Lane, Penzance sits on a plot of 74 m2.
We have plot size data on 3 out of 4 other houses in the postcode and 5, Custom House Lane, Penzance sits on the 2nd largest plot.
Energy Efficiency
5, Custom House Lane, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Custom House Lane, Penzance was last sold on 14th January 2010 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2010, the market for similar properties has risen by 70.7%.
- Sold Jan 2010£250,000
- Sold Dec 2006£195,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 5, Custom House Lane, Penzance within a radius of 420 metres over the last 2 years.
The most recent example is Captain Cutters House 52, Chapel Street, Penzance, TR18 4AF, a freehold house which sold for £285,000 on the 5th July 2024.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Custom House Lane, Penzance, TR18 has a total of 8 addresses. According to our analysis of all the public data, 5, Custom House Lane, Penzance is the 7th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in TR18.
More reading links
Schools Nearby
- 500mSt Mary's CofE Primary School, Penzance
- 900mSt Mary's Catholic School, Penzance
- 1.0kmAlverton Primary School
- 900mHumphry Davy School
- 1.9kmMounts Bay Academy
- 10.1kmSt Ives School
More reading links
Public Transport Nearby
The closest station to 5, Custom House Lane, Penzance is Penzance station, which is 500 metres away.
- 500mPenzance
- 8.7kmSt Erth
- 9.5kmLelant Saltings
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
