6, Old Cable Lane
6, Old Cable Lane
Description & Estimates
6, Old Cable Lane, Penzance is recorded publicly as a modern freehold house across 1,289 ft2 of internal area, sitting on a 646 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 6, Old Cable Lane, Penzance is £566,973 and its rental estimate is £1,478 per month, given the available information and assuming reasonable condition.
Old Cable Lane, St. Levan, Penzance, TR19 falls within the TR19 postal district.
Our Data Sources
6, Old Cable Lane, Penzance has 31 entries in the Land Registry , most recently in October 2010 and a single entry in the EPC database dated December 2008.
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 6, Old Cable Lane, Penzance, we estimate a market value of £595,322 and a rental value of £1,552 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £527,285 and £1,375 per month respectively.
Recent Market Change
Over the last year, 6, Old Cable Lane, Penzance has seen its estimated sale value drop by £13,032 (2.3%) and its estimated rental value rise by £52 per month (3.5%). This results in an estimated gross rental yield of 3.1%.
Plot Size
HM Land Registry records the plot of land for 6, Old Cable Lane, Penzance as measuring 646 m2.
That makes it the 5th largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
6, Old Cable Lane, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Dec 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 6, Old Cable Lane, Penzance completed on 28th October 2010 at £350,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 41.9% over the period since October 2010.
- Sold Oct 2010£350,000
- Sold Jun 2008£380,000
- Sold Jul 2002£265,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Old Cable Lane, Penzance have sold within a radius of 7.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th November 2021, was School House, Porthcurno, Penzance, TR19 6JY, a freehold house which sold for £803,896.
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
Of the 7 addresses on Old Cable Lane, St. Levan, Penzance, TR19, 6, Old Cable Lane, Penzance comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £207k more expensive than the average property across the TR19 district.
More reading links
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
From 6, Old Cable Lane, Penzance, the nearest station is Penzance, 12.1 kilometres away.
- 12.1kmPenzance
- 20.4kmSt Erth
- 21.2kmLelant Saltings
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
