Housing Market Analysis for PENNANCE LANE, TR16 5TL

Are you looking to understand TR16 5TL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Cornwall postcode.

For the location information and nearby amenities in the TR16 5TL area, explore the TR16 5TL Area information page.
For comprehensive crime statistics in the TR16 5TL area, explore the TR16 5TL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TR16 5TL postcode area, The average prices are as follows,

Detached
- The average price is around £188,510 median price is £154,475 Standard Deviation is £129,760 with Total Sold: 20
- The Last 5 Year average price is £483,325 with Total Sold: 2
- The most recent sale happened at this postcode is PENVEARNE PENNANCE LANE: £481,650 (Sold on 12 Aug 2022)
- The first recorded sale happened at this postcode is MAYTREE COTTAGE PENNANCE LANE: £50,000 (Sold on 31 Aug 1995)
Semi-Detached
- The average price is around £122,240 median price is £150,000 Standard Deviation is £50,797 with Total Sold: 5
- The most recent sale happened at this postcode is CHYCARN PENNANCE LANE: £183,000 (Sold on 16 Mar 2007)
- The first recorded sale happened at this postcode is BELLA VISTA PENNANCE LANE: £59,200 (Sold on 29 Oct 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average TR16 5TL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£483,325	£4,316	2
2016	£240,000	£2,504	1
2014	£275,000	£1,708	1
2013	£249,950	£2,212	1
2012	£245,000	£2,168	1
2011	£235,000		1
2006	£295,000		1
2004	£270,000	£1,677	1
2003	£154,000	£1,791	1
2002	£111,633		3
2000	£98,000	£867	1
1999	£91,500	£568	1
1998	£69,000	£694	2
1996	£63,600	£532	2
1995	£50,000	£581	1

House Type: Semi-Detached

Year	Avg. Price	Sold
2007	£183,000	1
2005	£152,500	2
1999	£61,600	2

All the Sales in the PENNANCE LANE, TR16 5TL

See the table below for more details on the sold house prices in the TR16 5TL, Cornwall postcode.

Address	Sold Date	Price	% Change
PENVEARNE PENNANCE LANEDetached, FreeholdArea: 161 Sq.mtrAge: 1950-1966	12 Aug 2022	£481,650	75.15%
	06 May 2014	£275,000	1.85%
	29 Jul 2004	£270,000	195.08%
	23 Jul 1999	£91,500	First Sale
MAYTREE COTTAGE PENNANCE LANEDetached, FreeholdArea: 86 Sq.mtrAge: before 1900	29 Jul 2022	£485,000	214.94%
	28 Mar 2003	£154,000	156.67%
	19 Jun 1998	£60,000	20.00%
	31 Aug 1995	£50,000	First Sale
FERNDALE PENNANCE LANEDetached, FreeholdArea: 95.85 Sq.mtrAge: 1967-1975	27 May 2016	£240,000	First Sale
ALBANY PENNANCE LANEDetached, FreeholdArea: 113 Sq.mtrAge: 1976-1982	22 Aug 2013	£249,950	2.02%
	03 Feb 2012	£245,000	150.00%
	18 Dec 2000	£98,000	25.64%
	07 May 1998	£78,000	30.11%
	06 Mar 1996	£59,950	First Sale
MOORVIEW PENNANCE LANEDetached, Freehold	07 Oct 2011	£235,000	First Sale
CHYCARN PENNANCE LANESemi-Detached, Freehold	16 Mar 2007	£183,000	18.06%
	06 Jun 2005	£155,000	142.19%
	11 Nov 1999	£64,000	First Sale
UTOPIA PENNANCE LANEDetached, Freehold	18 Dec 2006	£295,000	First Sale
BELLA VISTA PENNANCE LANESemi-Detached, Freehold	13 Dec 2005	£150,000	153.38%
BELLA VISTA PENNANCE LANESemi-Detached, Freehold	29 Oct 1999	£59,200	First Sale
WHIRLYGIG, 2 PENNANCE VALE PENNANCE LANEDetached, Freehold	29 Apr 2002	£154,950	First Sale
3, PENNANCE VALE PENNANCE LANEDetached, Freehold	11 Mar 2002	£149,950	First Sale
1, PENNANCE VALE PENNANCE LANEDetached, Freehold	08 Mar 2002	£30,000	First Sale
TREVEAN PENNANCE LANEDetached, FreeholdArea: 126 Sq.mtrAge: 1950-1966	29 Nov 1996	£67,250	First Sale

Check out the sold house prices near the TR16 5TL postcode. Properties currently for saleProperties currently for rent

PENNANCE LANE, TR16 5TL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TR16 5TL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the TR16 5TL postcode.

Terraced
- The average price is around £132,320 median price is £134,950 Standard Deviation is £72,962 with Total Sold: 277
- The Last 5 Year average price is £217,712 with Total Sold: 48
- The most recent sale happened at this postcode is , 8A PENNANCE TERRACE: £166,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 3 SUNNYSIDE TERRACE: £50,000 (Sold on 15 Mar 1995)
Semi-Detached
- The average price is around £130,413 median price is £140,000 Standard Deviation is £69,653 with Total Sold: 208
- The Last 5 Year average price is £219,387 with Total Sold: 23
- The most recent sale happened at this postcode is , MALVERN THE SQUARE: £85,000 (Sold on 01 May 2024)
- The first recorded sale happened at this postcode is , 15 PENTREATH TERRACE: £35,500 (Sold on 22 Mar 1995)
Detached
- The average price is around £186,197 median price is £179,000 Standard Deviation is £109,149 with Total Sold: 418
- The Last 5 Year average price is £323,601 with Total Sold: 60
- The most recent sale happened at this postcode is , BERLEWEN HIGHER PENNANCE: £325,000 (Sold on 05 Apr 2024)
- The first recorded sale happened at this postcode is , BRAESIDE VALLEY VIEW ESTATE: £19,000 (Sold on 03 Feb 1995)
Other
- The average price is around £272,700 median price is £220,000 Standard Deviation is £220,673 with Total Sold: 10
- The Last 5 Year average price is £486,000 with Total Sold: 3
- The most recent sale happened at this postcode is , SCHOOL FARM LANNER GREEN: £575,000 (Sold on 21 Dec 2021)
- The first recorded sale happened at this postcode is , CHERRY HILL TAYBERRY DRIVE: £70,000 (Sold on 13 Jun 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£177,466	£3,403	8
2023	£231,643	£3,297	7
2022	£282,889	£3,018	9
2021	£209,500	£3,031	11
2020	£222,600	£2,617	5
2019	£180,681	£2,457	8
2018	£160,312	£2,486	8
2017	£172,636	£2,425	7
2016	£180,942	£2,272	13
2015	£168,612	£2,200	13
2014	£147,219	£2,295	13
2013	£139,750	£2,196	10
2012	£133,500	£1,810	7
2011	£124,286	£1,991	7
2010	£197,162	£2,145	4
2009	£171,612	£1,714	4
2008	£158,429	£2,577	7
2007	£168,881	£2,390	13
2006	£148,125	£2,474	8
2005	£135,914	£2,348	7
2004	£139,119	£1,947	8
2003	£111,362	£1,746	16
2002	£83,886	£1,213	11
2001	£72,356	£1,056	8
2000	£57,050	£820	9
1999	£50,108	£686	12
1998	£40,205	£594	20
1997	£32,000	£604	10
1996	£35,583	£482	9
1995	£36,000	£449	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£85,000		1
2023	£218,600	£3,699	5
2022	£220,000	£3,348	3
2021	£252,279	£3,259	7
2020	£222,488	£2,890	4
2019	£184,000	£2,973	3
2018	£168,136	£3,130	7
2017	£170,500	£2,486	6
2016	£205,500	£2,443	10
2015	£149,833	£2,075	6
2014	£172,817	£2,139	3
2013	£155,750	£2,273	8
2012	£162,625	£2,023	4
2011	£137,714	£2,032	7
2010	£181,786	£2,125	7
2009	£165,000	£2,946	1
2008	£148,811	£1,860	5
2007	£182,421	£1,967	7
2006	£175,223	£2,427	13
2005	£158,590	£1,755	5
2004	£134,175	£2,000	8
2003	£143,044	£1,656	8
2002	£100,056	£1,325	8
2001	£72,790	£1,047	10
2000	£72,000	£882	8
1999	£58,886	£712	16
1998	£49,161	£647	9
1997	£50,850	£773	12
1996	£40,369	£558	8
1995	£41,994	£584	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£440,000	£3,037	2
2023	£450,825	£3,246	6
2022	£445,165	£4,176	10
2021	£262,857	£2,973	7
2020	£250,192	£3,300	13
2019	£285,770	£2,874	22
2018	£285,915	£2,694	13
2017	£278,850	£2,362	10
2016	£252,769	£2,447	13
2015	£202,085	£2,235	17
2014	£212,310	£2,487	24
2013	£213,268	£2,328	11
2012	£193,125	£2,082	12
2011	£228,022	£2,006	9
2010	£203,292	£2,083	12
2009	£198,115	£2,565	13
2008	£205,806	£2,148	8
2007	£234,794	£2,049	17
2006	£213,515	£2,070	20
2005	£229,562	£2,143	8
2004	£189,334	£2,230	16
2003	£157,600	£1,666	12
2002	£130,732	£1,215	25
2001	£96,213	£1,055	20
2000	£81,626	£877	21
1999	£76,912	£652	13
1998	£69,714	£886	11
1997	£57,375	£648	16
1996	£62,348	£681	22
1995	£48,877	£453	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£419,000	£5,374	2
2020	£620,000	£3,647	1
2018	£88,000	£1,023	3
2017	£311,667	£1,668	3
2014	£70,000		1

House Type in TR16 5TL area

The most common house types in the TR16 5TL postcode area are Detached (65), Semi-detached (48), and Terraced (29).

Total	143
Detached	65
Semi-detached	48
Terraced	29
commercial building	1
Flat	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	80
Owned: Owns with a mortgage or loan	46
Private rented: Private landlord or letting agency	12
Private rented: Other private rented	4
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the TR16 5TL have 2 people in household (57), and 1 person in household (44).

2 people in household	57
1 person in household	44
3 people in household	27
4 people in household	12
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0