2 Tolcarne Stores Creeping Lane

    2 TOLCARNE STORES, CREEPING LANE, NEWLYN, PENZANCE, TR18 5DB

    This terraced freehold property on Creeping Lane last sold in September 2023 for £425,000. Based on price growth in the TR18 district since then, its estimated current value is £437,194 — placing it in the 72nd percentile nationally and the 85th percentile within TR18. The property covers 143 m² (1,539 sq ft), giving an estimated value of £3,057 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,539 sq ft

    143 m²

    Last Sale Price

    £425,000

    Sept 2023

    Estimated Valuation

    £437,194

    Est. £/sq ft

    £284/sq ft

    £3,057/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area1,539 sq ft (143 m²)
    EPC dateApr 2019
    WallsGranite or whinstone, as built, insulated (assumed)
    HeatingWater source heat pump, underfloor, electric

    Transaction History

    1 Sept 2023

    £425,000

    2 Sept 2010

    £420,000

    Key Metrics

    Estimated valuation£437,194
    Value per sq ft / m²£284/sq ft (£3,057/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile85th percentile
    National percentile72nd percentile

    District Context — TR18

    TR18 covers the Penzance area and surrounding neighbourhoods in west Cornwall, positioned at the southwestern tip of England. It is a coastal region with a mixed character of residential communities, tourism-related activity, and traditional employment sectors.

    Average Property Price - TR18

    £294,280

    41

    National percentile

    Average Net Household Income - TR18

    £30,355

    8

    National percentile

    10-Year Annualised Price Growth - TR18

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - TR

    3.9%

    50

    National percentile

    View full analysis for TR18

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