Housing Market Analysis for PENNANCE LANE, TR16 5TW

Are you looking to understand TR16 5TW 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 5TW area, explore the TR16 5TW Area information page.
For comprehensive crime statistics in the TR16 5TW area, explore the TR16 5TW Crime Rates page.

Overview of Sold House prices

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

Detached
- The average price is around £198,634 median price is £182,000 Standard Deviation is £89,121 with Total Sold: 25
- The Last 5 Year average price is £321,000 with Total Sold: 2
- The most recent sale happened at this postcode is PENNANCE HOUSE PENNANCE LANE: £325,000 (Sold on 23 Aug 2019)
- The first recorded sale happened at this postcode is BOSWEDNACK PENNANCE LANE: £48,000 (Sold on 12 Nov 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average TR16 5TW 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
2019	£321,000	£3,615	2
2018	£399,950	£2,739	1
2016	£296,000		2
2015	£177,000	£2,723	1
2014	£187,500	£2,492	4
2013	£140,000		1
2011	£250,000		1
2009	£205,000		2
2008	£249,950	£1,712	1
2007	£205,000	£1,496	1
2006	£251,250		2
2001	£98,500	£1,390	3
2000	£103,475		2
1999	£97,000		1
1998	£48,000		1

All the Sales in the PENNANCE LANE, TR16 5TW

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

Address	Sold Date	Price	% Change
PENNANCE HOUSE PENNANCE LANEDetached, FreeholdArea: 137 Sq.mtrAge: before 1900	23 Aug 2019	£325,000	58.54%
	20 Apr 2007	£205,000	First Sale
FIGGY DOWDY PENNANCE LANEDetached, FreeholdArea: 65.26 Sq.mtr	28 May 2019	£317,000	First Sale
THE HOMESTEAD PENNANCE LANEDetached, FreeholdArea: 146 Sq.mtrAge: before 1900	24 Jul 2018	£399,950	60.01%
	16 May 2008	£249,950	First Sale
LANHENDRA GLENSIDE GARDENSDetached, Freehold	02 Dec 2016	£252,000	10.77%
LANHENDRA GLENSIDE GARDENSDetached, Freehold	07 Feb 2006	£227,500	First Sale
4 GLENSIDE GARDENSDetached, Freehold	13 Sep 2016	£340,000	First Sale
3 PENNANCE LANEDetached, FreeholdArea: 65 Sq.mtrAge: 1967-1975	09 Jun 2015	£177,000	2.61%
	29 Aug 2014	£172,500	First Sale
LAMORNA GLENSIDE GARDENSDetached, Freehold	15 Dec 2014	£230,000	First Sale
DUNELM GLENSIDE GARDENSDetached, Freehold	14 Nov 2014	£182,000	First Sale
2 PENNANCE LANEDetached, FreeholdArea: 71 Sq.mtrAge: 1967-1975	31 Mar 2014	£165,500	First Sale
GLENGERRAINT PENNANCE LANEDetached, Freehold	12 Nov 2013	£140,000	First Sale
MULBERRY COTTAGE PENNANCE LANEDetached, Freehold	03 Mar 2011	£250,000	6.38%
	03 Jul 2009	£235,000	-14.55%
	24 Aug 2006	£275,000	183.51%
	07 Dec 2001	£97,000	First Sale
MANTUA PENNANCE LANEDetached, Freehold	21 Dec 2009	£175,000	First Sale
BOSWEDNACK PENNANCE LANEDetached, Freehold	19 Nov 2001	£79,000	14.58%
	07 Dec 2000	£68,950	43.65%
	12 Nov 1998	£48,000	First Sale
LAMORNA PENNANCE LANEDetached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	04 Jul 2001	£119,500	First Sale
TREVUE PENNANCE LANEDetached, Freehold	21 Dec 2000	£138,000	42.27%
TREVUE PENNANCE LANEDetached, Freehold	02 Jul 1999	£97,000	First Sale

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

PENNANCE LANE, TR16 5TW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TR16 5TW 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 5TW postcode.

Terraced
- The average price is around £130,775 median price is £133,250 Standard Deviation is £72,382 with Total Sold: 352
- The Last 5 Year average price is £221,881 with Total Sold: 57
- 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 , 6 HIGHER TRESAVEAN TERRACE: £33,000 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £131,260 median price is £140,000 Standard Deviation is £69,967 with Total Sold: 211
- The Last 5 Year average price is £222,952 with Total Sold: 23
- The most recent sale happened at this postcode is , 21 LANNER MOOR: £282,000 (Sold on 28 Jun 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 £186,896 median price is £179,000 Standard Deviation is £109,746 with Total Sold: 435
- The Last 5 Year average price is £321,920 with Total Sold: 62
- 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 £231,308 median price is £125,000 Standard Deviation is £207,971 with Total Sold: 13
- The Last 5 Year average price is £394,500 with Total Sold: 4
- The most recent sale happened at this postcode is , TRESAVEAN FARM TRESAVEAN: £120,000 (Sold on 12 Dec 2023)
- 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	£188,698	£3,403	9
2023	£237,062	£3,288	8
2022	£280,727	£3,261	11
2021	£210,792	£3,052	12
2020	£221,333	£2,732	6
2019	£191,541	£2,451	11
2018	£164,000	£2,465	10
2017	£174,711	£2,488	9
2016	£180,942	£2,272	13
2015	£171,263	£2,221	15
2014	£148,115	£2,219	16
2013	£136,479	£2,062	12
2012	£135,889	£1,912	9
2011	£140,095	£1,926	10
2010	£181,442	£2,183	6
2009	£171,612	£1,714	4
2008	£141,808	£2,317	12
2007	£167,363	£2,394	15
2006	£149,000	£2,500	14
2005	£138,669	£2,348	8
2004	£134,117	£1,951	12
2003	£113,674	£1,724	19
2002	£89,850	£1,279	16
2001	£70,422	£1,019	9
2000	£57,050	£820	9
1999	£52,694	£666	17
1998	£41,030	£600	22
1997	£32,714	£591	14
1996	£33,112	£424	13
1995	£36,091	£451	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£183,500		2
2023	£218,600	£3,699	5
2022	£230,000	£3,671	2
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	£170,421	£2,433	7
2016	£199,995	£2,372	11
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	£131,286	£1,855	7
2010	£181,786	£2,125	7
2009	£149,000	£2,546	2
2008	£148,811	£1,860	5
2007	£182,421	£1,967	7
2006	£175,223	£2,427	13
2005	£165,492	£1,850	6
2004	£134,175	£2,000	8
2003	£143,044	£1,656	8
2002	£97,822	£1,319	9
2001	£72,790	£1,047	10
2000	£68,667	£749	6
1999	£58,886	£712	16
1998	£49,161	£647	9
1997	£50,382	£773	11
1996	£38,661	£527	9
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	£416,221	£4,127	12
2021	£262,857	£2,973	7
2020	£250,192	£3,300	13
2019	£285,770	£2,874	22
2018	£283,259	£2,890	17
2017	£283,045	£2,423	11
2016	£252,769	£2,447	13
2015	£195,303	£2,192	18
2014	£215,818	£2,496	25
2013	£213,268	£2,328	11
2012	£193,746	£2,157	14
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	£224,056	£2,260	9
2004	£190,903	£2,230	17
2003	£157,600	£1,666	12
2002	£130,396	£1,264	26
2001	£96,213	£1,055	20
2000	£81,626	£877	21
1999	£76,912	£652	13
1998	£69,714	£886	11
1997	£57,941	£624	17
1996	£62,348	£681	22
1995	£51,538	£483	17

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£120,000	£426	1
2021	£419,000	£5,374	2
2020	£620,000	£3,647	1
2018	£88,000	£1,023	3
2017	£219,000	£1,327	5
2014	£70,000		1

House Type in TR16 5TW area

The most common house types in the TR16 5TW 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 5TW 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