The Homestead Pennance Lane

    THE HOMESTEAD, PENNANCE LANE, LANNER, REDRUTH, TR16 5TW

    This detached freehold property on Pennance Lane last sold in July 2018 for £399,950. Based on price growth in the TR16 district since then, its estimated current value is £529,894 — placing it in the 81st percentile nationally and the 92nd percentile within TR16. The property covers 146 m² (1,572 sq ft), giving an estimated value of £3,629 per m². The EPC rating is F, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,572 sq ft

    146 m²

    Last Sale Price

    £399,950

    Jul 2018

    Estimated Valuation

    £529,894

    Est. £/sq ft

    £337/sq ft

    £3,629/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area1,572 sq ft (146 m²)
    EPC dateFeb 2018
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    24 Jul 2018

    £399,950

    16 May 2008

    £249,950

    Key Metrics

    Estimated valuation£529,894
    Value per sq ft / m²£337/sq ft (£3,629/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR16 district percentile92nd percentile
    National percentile81st 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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