Pennance House, Redruth
Pennance House, Redruth
Description & Estimates
Public records show Pennance House, Redruth to be a period freehold house with 1,474 ft2 of internal area, sitting on a 691 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Pennance House, Redruth has an estimated sale value of £417,063 and an estimated rental value of £1,538 per month, assuming reasonable condition and based on the information available.
Pennance Lane, Lanner, Redruth, TR16 lies within the TR16 postal district.
Our Data Sources
Pennance House, Redruth has 2 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Pennance House, Redruth would be worth £437,916, with a potential rental value of £1,615 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £387,868, with a rental value of £1,430 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 Pennance House, Redruth has dropped by £15,832 (3.8%) over the last year. During the same period, its estimated monthly rental value has risen by £48 (3.2%). The property's estimated gross yield is currently 4.4%.
Plot Size
Pennance House, Redruth occupies a 691 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
Pennance House, Redruth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
Pennance House, Redruth last changed hands on 23rd August 2019, selling for £325,000. 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 33.8% since August 2019.
- Sold Aug 2019£325,000
- Sold Apr 2007£205,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.8 kilometres of Pennance House, Redruth across the last 2 years.
Most recently, 11, Pennance Parc, Redruth, TR16 5TY, a freehold house, sold at £1,260,000 on the 27th March 2024.
Read more about house prices in TR16.
•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 Pennance House, Redruth as the 7th largest and the 15th most expensive of the 37 addresses on Pennance Lane, Lanner, Redruth, TR16.
Against the TR16 postcode district average, it is £100k more expensive than the typical property.
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Schools Nearby
- 200mLanner Primary School
- 2.4kmSt Day and Carharrack Community School
- 2.5kmTrewirgie Junior School
- 3.4kmRedruth School
- 5.3kmPool Academy
- 8.0kmCamborne Science and International Academy
More reading links
Public Transport Nearby
Redruth station is the nearest stop to Pennance House, Redruth at 2.7 kilometres away.
- 2.7kmRedruth
- 6.2kmPerranwell
- 7.0kmCamborne
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
