5, Foundry Lane
5, Foundry Lane
Description & Estimates
The public record lists 5, Foundry Lane, Penzance as a freehold house.
Comparison with its neighbours suggests a period house with 541 ft2 of internal area and a garden.
In this area, houses of this size normally have 2 bedrooms.
5, Foundry Lane, Penzance has an estimated sale value of £154,511 and an estimated rental value of £846 per month, assuming reasonable condition and based on the information available.
Foundry Lane, Newlyn, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
5, Foundry Lane, Penzance has 21 entries in the Land Registry , most recently in September 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 5, Foundry Lane, Penzance would be worth £162,237, with a potential rental value of £888 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £143,695, with a rental value of £787 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Foundry Lane, Penzance has moved down by £2,238 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £45 (5.3%). The property's estimated gross yield is currently 6.6%.
Sold Prices
5, Foundry Lane, Penzance last changed hands on 3rd September 2021, selling for £165,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 20.1% since September 2021.
- Sold Sep 2021£165,000
- Sold Nov 2005£100,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 770 metres of 5, Foundry Lane, Penzance across the last 2 years.
Most recently, 2 Franwill Cottages, Church Street, Penzance, TR18 5JX, a freehold house, sold at £115,600 on the 8th January 2026.
Read more about house prices in TR18.
- Sold Jan 2026£115,600 | 2 Bed HouseChurch Street2 Franwill Cottages, Church Street, Penzance, TR18 5JX
- Sold Jun 2024£180,000 | 2 Bed HouseChurch Street4 Franwill Cottages, Church Street, Penzance, TR18 5JX
- Sold Mar 2015£131,000 | 2 Bed HouseChurch Street5 Franwill Cottages, Church Street, Penzance, TR18 5JX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Foundry Lane, Penzance as the 3rd largest and the 3rd most expensive of the 3 addresses on Foundry Lane, Newlyn, Penzance, TR18.
Against the TR18 postcode district average, it is £139k less expensive than the typical property.
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Schools Nearby
- 400mNewlyn School
- 900mAlverton Primary School
- 1.2kmSt Mary's CofE Primary School, Penzance
- 2.2kmHumphry Davy School
- 2.6kmMounts Bay Academy
- 10.1kmCape Cornwall School
More reading links
Public Transport Nearby
Penzance station is the nearest stop to 5, Foundry Lane, Penzance at 2.2 kilometres away.
- 2.2kmPenzance
- 10.4kmSt Erth
- 11.2kmLelant Saltings
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
