3 Pennance Lane

    3, PENNANCE LANE, LANNER, REDRUTH, TR16 5TW

    This detached freehold property on Pennance Lane last sold in June 2015 for £177,000. Based on price growth in the TR16 district since then, its estimated current value is £284,248 — placing it in the 46th percentile nationally and the 50th percentile within TR16. The property covers 80 m² (861 sq ft), giving an estimated value of £3,553 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £177,000

    Jun 2015

    Estimated Valuation

    £284,248

    Est. £/sq ft

    £330/sq ft

    £3,553/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateMay 2022
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    9 Jun 2015

    £177,000

    29 Aug 2014

    £172,500

    Key Metrics

    Estimated valuation£284,248
    Value per sq ft / m²£330/sq ft (£3,553/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR16 district percentile50th percentile
    National percentile46th percentile

    District Context — TR16

    TR16 covers the Camborne area and surrounding communities in west Cornwall. It is a mixed residential district with a blend of established residential neighbourhoods and rural character.

    Average Property Price - TR16

    £305,367

    43

    National percentile

    Average Net Household Income - TR16

    £35,848

    36

    National percentile

    10-Year Annualised Price Growth - TR16

    4.5%

    80

    National percentile

    10-Year Annualised Rent Growth - TR

    3.9%

    50

    National percentile

    View full analysis for TR16

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