The Old Forge, Penzance
The Old Forge, Penzance
Description & Estimates
According to the public record, The Old Forge, Penzance is a modern house with 2,486 ft2 of internal area and sits on a 571 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Old Forge, Penzance is £760,552 and the estimated rental value is £2,245 per month.
Trescowe Common, Germoe, Penzance, TR20 is located within the TR20 postal district.
Our Data Sources
The Old Forge, Penzance has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
We combine this information with public data 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
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 The Old Forge, Penzance is in very good condition we estimate a sale value of £798,579 and a rental value of £2,357 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £707,313 and a rental value of £2,088 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of The Old Forge, Penzance has fallen by £27,680 (3.6%), while its estimated rental value has moved up by £68 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 3.5%.
Plot Size
According to data from HM Land Registry, The Old Forge, Penzance sits on a plot of 571 m2.
We have plot size data on 6 out of 8 other houses in the postcode and The Old Forge, Penzance sits on the 6th largest plot.
Energy Efficiency
The Old Forge, Penzance has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Forge, Penzance within a radius of 3.6 kilometres over the last 2 years.
The most recent example is Sowenna, Red Lane, Penzance, TR20 9PU, a freehold house which sold for £660,000 on the 13th December 2023.
Read more about house prices in TR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Trescowe Common, Germoe, Penzance, TR20 has a total of 8 addresses. According to our analysis of all the public data, The Old Forge, Penzance is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £359k more expensive than the average property in TR20.
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Schools Nearby
- 2.1kmGermoe Community Primary School
- 2.6kmGodolphin Primary School
- 2.6kmSt Hilary School
- 6.0kmHayle Academy
- 8.6kmHelston Community College
- 10.2kmSt Ives School
More reading links
Public Transport Nearby
The closest station to The Old Forge, Penzance is St Erth station, which is 5.9 kilometres away.
- 5.9kmSt Erth
- 6.4kmHayle
- 6.5kmLelant Saltings
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
