7, Old Cable Lane
7, Old Cable Lane
Description & Estimates
According to the public record, 7, Old Cable Lane, Penzance is a modern house with 1,646 ft2 of internal area and sits on a 1,458 m2 plot.
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 7, Old Cable Lane, Penzance is £604,511 and the estimated rental value is £1,630 per month.
Old Cable Lane, St. Levan, Penzance, TR19 is located within the TR19 postal district.
Our Data Sources
7, Old Cable Lane, Penzance has no records in the the Land Registry and a single entry in the EPC database dated May 2014.
We combine this information with public data 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 7, Old Cable Lane, Penzance is in very good condition we estimate a sale value of £634,737 and a rental value of £1,711 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,195 and a rental value of £1,516 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Old Cable Lane, Penzance has fallen by £13,895 (2.3%), while its estimated rental value has moved up by £57 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 3.2%.
Plot Size
According to data from HM Land Registry, 7, Old Cable Lane, Penzance sits on a plot of 1,458 m2.
We have plot size data on 7 out of 7 other houses in the postcode and 7, Old Cable Lane, Penzance sits on the largest plot.
Energy Efficiency
7, Old Cable Lane, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, oil.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Old Cable Lane, Penzance within a radius of 7.3 kilometres over the last 2 years.
The most recent example is Bosvarcos, Porthcurno, Penzance, TR19 6JY, a freehold house which sold for £420,000 on the 28th February 2019.
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, 7, Old Cable Lane, Penzance is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £245k 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 7, 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.
