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Ferndale, Pennance Lane, Lanner, Redruth, Cornwall, TR16 5TL

How much is Ferndale, Pennance Lane, Lanner, Redruth, Cornwall, TR16 5TL worth?

Estimated value — October 2026

£388,000

Likely range £373,000 – £402,000

Latest recorded sale June 2026

100%

confidence

High

Property details

Detached house

Pennance Lane · Redruth · TR16 5TL

Address

District
Cornwall
County
Cornwall
See house prices in TR16 →

Value over time

  • Modelled value
  • Recorded sale
  • Today's estimate
£200k£300k£400k£500k2017201820192020202120222023202420252026£388,000

Modelled by indexing this property's most recent recorded sale, month by month, against the UK House Price Index for its area and property type. Earlier sales are shown as recorded. Today's estimate also blends in the other valuation methods, so it can sit a little off the line.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueRecorded sale
2016£297,477£240,000
2017£313,183—
2018£324,911—
2019£330,638—
2020£367,535—
2021£396,277—
2022£441,798—
2023£417,877—
2024£413,951—
2025£403,508—
2026£401,990£405,000

Sale history

2016Sold
£240,000
2026Sold
+69%£405,000
2026Today — estimated
-4%£388,000

Mortgage calculator

£1,843

Estimated monthly repayment

£349,200

Loan amount

£314,172

Total interest

£663,372

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

Ferndale, Pennance Lane, Lanner, Redruth, Cornwall, TR16 5TL is a detached house on Pennance Lane in Redruth, Cornwall. Stede's estimated value for October 2026 is £388,000. The likely range is £373,000 to £402,000. It is the average of 2 independent methods that re-index recorded sale prices to today. The confidence score is 100 out of 100 (high), based on how recent the most recent recorded sale is.

It last sold in June 2026 for £405,000. It has 2 sales on record, the earliest in 2016. The current estimate is 4% lower than that price.

The modelled value is down 1% over the past year and up 9% over the past five years.

Among 10 nearby properties Stede tracks in the TR16 area, estimated values run from £321,000 to £461,000. This detached house's £388,000 sits toward the lower end of that range.

Common questions

How much is Ferndale, Pennance Lane, Lanner, Redruth, Cornwall, TR16 5TL worth?

Stede estimates Ferndale, Pennance Lane, Lanner, Redruth, Cornwall, TR16 5TL is worth £388,000 as of October 2026, within a likely range of £373,000 to £402,000. The estimate is generated automatically from recorded sale prices and the UK House Price Index, and is not a formal valuation.

When did Ferndale, Pennance Lane, Lanner, Redruth, Cornwall, TR16 5TL last sell?

It last sold in June 2026 for £405,000. There are 2 sales on record, the earliest in 2016.

What type of property is Ferndale, Pennance Lane, Lanner, Redruth, Cornwall, TR16 5TL?

It is recorded as a Detached house on Pennance Lane in the TR16 postcode area.

How reliable is this estimate?

The confidence score is 100 out of 100 (high), which reflects how recent the most recent recorded sale is rather than local market volatility. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

Stede runs 2 independent methods that re-index this property's recorded sale prices to today using the House Price Index for its type and region, then takes the average. Full detail is on the methodology page.

How we calculated this

This estimate averages 2 valuation methods, each re-indexing recorded sale prices to today. The confidence score reflects how recent the most recent recorded sale is.

2

Valuation methods used

2

Recorded sales on file

2026

Most recent recorded sale

Read the full methodology and data sources →