Property profile

2 Pennance TerraceLanner

TR16 5TP

Lanner, Stithians & Gwennap

Area profile →

Map showing 2 Pennance Terrace, Lanner, Redruth

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£300,000

Semi-Detached sold in Lanner, Stithians & Gwennap

The box shows the middle 50% of semi-detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold19 Dec 2003
£155,500Change since last sale: +£145,000 (+93%)
Annualised change
+2.9% per yearCornwall annualised change (semi-detached) since 2003: +3.0% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £308 per sq ft
£243 per sq ftEstimate vs local median: −£65 per sq ft (−21%)
Local sold pricesMedian for semi-detached in Lanner, Stithians & Gwennap
£265,000Estimate vs local median: +£35,000 (+13%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / End-Terrace
TenureFreehold
Construction periodbefore 1900
Floor area115 m² / 1,238 sq ft
Rooms7 habitable / 7 heated
EPC ratingE
EPC inspection20 May 2025

Sales history

DatePriceChange
19 Dec 2003£155,500-

Local market

Property prices in Lanner, Stithians & Gwennap

Median price£303,000
Price per sq ft£340
Sales (last 12 months)71
Typical range (middle 50%)£268K – £440K

Based on 71 recent sales, the median property price is £303,000 (about £340 per square foot) in Lanner, Stithians & Gwennap area, with individual transactions ranging from £70,000 up to £1,725,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Lanner, Stithians & Gwennap over the last year.
TypeSalesMedian£/sq ft
Detached39£405,000£350
Terraced13£282,500£341
Semi-Detached19£265,000£308

10-year price trendmedian sale price in Lanner, Stithians & Gwennap

Sale price

Ten year median sale price trend for each property type in Lanner, Stithians & Gwennap.
YearDetachedSemi-DetachedTerraced
2016£251,000£223,500£195,000
2017£325,000£175,750£177,750
2018£280,000£176,700£175,000
2019£288,750£225,750£209,500
2020£300,000£242,475£197,000
2021£325,000£244,000£235,000
2022£437,500£255,000£270,000
2023£387,500£255,000£270,000
2024£405,500£300,000£255,000
2025£337,000£250,000£267,250
2026£412,748£285,000£284,250
Ten year median sale price trend for each property type in Lanner, Stithians & Gwennap.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Lanner, Stithians & Gwennap.
YearDetachedSemi-DetachedTerraced
2016£262£213£226
2017£244£248£232
2018£262£224£221
2019£263£255£254
2020£296£276£239
2021£318£287£282
2022£368£348£317
2023£349£324£310
2024£386£331£322
2025£345£326£311
2026£314£316£383
Ten year median sale price per square foot trend for each property type in Lanner, Stithians & Gwennap.

Price distribution by property typelast 12 months

Price distribution by property type for Lanner, Stithians & Gwennap in the last year.

Recent sales

There were 26 recent sold properties in the last 18 months near TR16 5TP.

Recent sold properties in the last 18 months near TR16 5TP
DateAddressTypeTenurePriceMap
30 Apr 20261, Moor View, Pennance Terrace, Redruth, TR16 5TPTerracedFreehold£286,000
14 Aug 2025Fir Cottage, Redruth, TR16 6HJDetachedFreehold£325,000
12 Jun 20264, Pentreath Close, Redruth, TR16 6LDDetachedFreehold£100,000
27 Nov 202566, Lanmoor Estate, Redruth, TR16 6HLSemi-DetachedFreehold£260,000
27 Aug 202574, Lanmoor Estate, Redruth, TR16 6HLTerracedFreehold£250,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1 Moorview, Pennance Terrace, Lanner, RedruthFreehold104 m²£286,000 (2026)
2 Moorview, Pennance Terrace, Lanner, RedruthFreehold45 m²£210,000 (2022)
3 Pennance Terrace, Lanner, RedruthFreehold75 m²£260,000 (2024)
4 Pennance Terrace, Lanner, RedruthFreehold69 m²£273,000 (2024)
6 Pennance Terrace, Lanner, Redruth-52 m²-
8, Pennance Terrace, Lanner, RedruthFreehold54 m²£169,500 (2018)
8A Pennance Terrace, Lanner, RedruthFreehold46 m²£166,000 (2024)
12 Pennance Terrace, Lanner, Redruth-77 m²-
13, Pennance Terrace, Lanner, RedruthFreehold74 m²£81,950 (2002)
14, Pennance Terrace, Lanner, RedruthFreehold68 m²£270,000 (2024)

Area insights for TR16 5TP

Full area profile →

Overview

Postcode TR16 5TP is located in an urban city, within the Lanner, Stithians & Gwennap ward of Cornwall in the South West region, and forms part of the St Day & Lanner area. It has high deprivation and low crime levels, with around 40.3 crimes per 1,000 residents per year, about 53% below the South West average of 85 per 1,000. The average income per household in St Day & Lanner is £44,601 per year. The nearest station is Redruth, about 1.7 miles away. There are 1 primary and no secondary schools in the area.

Crime rate
4/10
Crimes per 1k residents
40
Deprivation level
8/10
Income level
2/10
Social housing
0.7%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Moderate

Deprivation level

8/10

St Day & Lanner has a high level of deprivation, ranked at position 8,663 out of 32,844 areas in England, placing it within the top 26% most deprived areas in England.

Crime level

4/10

St Day & Lanner has a low crime rate, with approximately 40.3 reported incidents per 1,000 population each year.

Social housing

0.7%

Approximately 0.7% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 10.1% of dwellings are socially rented.

Income level

2/10

The average income per household in St Day & Lanner is £44,601 per year.

Noise Level

Moderate

Moderate noise level (65.0-69.9 dB) from road, approximately 302 ft away from TR16 5TP.

Flood risk

No risk

St Day & Lanner near TR16 5TP has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Redruth located about 1.7 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
302
Population density
2,085.6 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
23.35(-30%)
Other theft
6.37(+13%)
Anti-social behaviour
5.66(-62%)
Criminal damage and arson
3.54(-45%)
Public order
2.12(-68%)
South West average

Demographics

Ethnic groups

British
287
95.03%
Other White
11
3.64%
Other
3
0.99%
White and Asian (mixed)
1
0.33%
Total population: 302

Economics

Education (age 16+)

Level 4+ (Degree)
89
33.58%
Level 3 (A level)
46
17.36%
No qualifications
45
16.98%
Level 1 (GCSEs 3-1)
27
10.19%
Apprenticeship
26
9.81%
Total 16+ residents: 265

Housing

Housing tenure

Owns outright
80
55.94%
Owns with a mortgage
46
32.17%
Private landlord or letting agency
12
8.39%
Other forms of private rent
4
2.8%
Other social rented
1
0.7%
Total households: 143

Schools

In the TR16 5TP postcode area, located within St Day & Lanner, there are 1 primary and 0 secondary schools in close proximity.

Nearby primary and secondary schools for TR16 5TP
DistancePhaseNameTypeRating
0.2 miPrimaryLanner Primary SchoolAcademy converter

Good

Local amenities

1 nearby supermarkets & convenience stores within 0.5 mi of TR16 5TP

Nearby supermarkets & convenience stores for TR16 5TP
DistanceNameAddressDirections
0.2 miLanner StoresAnkervis Lane, Cornwall, TR16 6EFWalking directions to Lanner Stores