Skip to property details

2 Custom House Lane, Penzance, TR18 2NN

UPRN:100040109897Semi-Detached House2 bedsBuilt before 1900
FreeholdCouncil Tax: Band BEPC: E (53)
Data freshness:Listing· 3mo agoListing: ageing, refreshed 3mo ago (2026-08-19T04:00:03.174024+00:00)Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-07-10T08:26:37.918279+00:00)Ownership· freshOwnership: fresh, refreshed today (2026-11-10T14:08:19.074621+00:00)EPC· 4mo agoEPC: stale, refreshed 4mo ago (2026-07-01T02:04:50.057738+00:00)Risk· 5mo agoRisk: stale, refreshed 5mo ago (2026-06-18T00:00:00+00:00)Connectivity· 1mo agoConnectivity: ageing, refreshed 1mo ago (2026-10-03T06:43:10.905825+00:00)Schools· 1mo agoSchools: ageing, refreshed 1mo ago (2026-10-06T05:00:30.533230+00:00)Amenities· 2mo agoAmenities: ageing, refreshed 2mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refreshCouncil Tax· 6mo agoCouncil Tax: stale, refreshed 6mo ago (2026-05-20T09:33:12.870431+00:00)
2 Custom House Lane, Penzance, TR18 2NN

HP Score

Strong
Verdict
today
  • Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.

    Strong fundamentals; flood risk not assessed

Evidence
18 of 21 sources
Sale Estimate
£289,000
£274k - £303kHigh
Estimate
£289k
Range
£274k – £303k
Rent Estimate (pcm)
£1,150
£1k - £1k
Monthly
£1,150
Yield
4.78%

Verdict

Derived from HomePortfolio scores

2 Custom House Lane earns an INVESTIGATE rating with HP Score 79/100. Investment score 60/100 reflects moderate fundamentals. Crime intensity is low. Walkability is excellent (97/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is freehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS
Continue reading
HP Score
79/ 100
Strong
Investment Score
60/ 100
Moderate
Crime Score
25/ 100
Moderate
Walkability
97/ 100
Excellent
Transit & Bike
Transit 24Bike 48
Walk Score, out of 100

Valuation & Market

Sale Estimate£289,000
Rent Estimate (pcm)£1,150
Gross Yield4.78%
1y Growth-
3y Growth-2.0%
5y Growth+1.6%
10y Growth+3.6%
Last Sold Price£225,000 (2005-06-30)
View Market Details

Risk Overview

  • Flood RiskUnknown
  • SubsidenceLow
  • RadonModerate
  • MiningSignificant
  • LandslideLow
  • Air QualityLow
  • NoiseLow
View Full Risk Report

Planning Activity

Recent Apps
0TR18 2NN
Approval Rate
-12mo
Development
low
  • PA26/07225
    Extension to rear of existing building to create six residential apartments with variation of condition 2 of decision notice PA21/10033 dated 27.06.2022.
    Pending
  • PA26/01254/PREAPP
    Pre-application advice for the proposed conversion of now closed Methodist Church into up to 6 Flats.
    Pending
  • PA26/07726
    Single storey, flat roof extension
    Pending
View Planning Timeline

Ownership

  • Corporate Ownership67.8%
  • Overseas OwnershipNo
  • Lease Term Remaining-
  • CovenantsRestrictive
  • Lease TypeFreehold
  • Last Ownership Change2005-06-30
  • SourceLand Registry
View Ownership Details

Connectivity

Broadband (Standard)
23 Mbps
Mobile 4G/5G Coverage
-
EV Charger
-
PTAL Rating
-
View Connectivity Map

Area Profile

Median EarningsLocal authority£28,210
Population Density4,732 /km²
Owner Occupied51%
Age Distribution
0-15 8%16-64 59%65+ 33%
View Area Profile

Schools Nearby

  • St Mary's CofE Primary School, Penzance
    0.3 mi
    Good
  • Humphry Davy School
    0.5 mi
    Good
  • St Mary's Catholic School, Penzance
    0.5 mi

    Inspected as St Mary's Catholic School, Penzance (URN 111999) on 11 Jul 2007

  • Penwith Alternative Provision Academy
    0.6 mi
    Area grades2025

    Inspected after Ofsted withdrew the single overall grade.

3 of 13 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All
  • 2 Custom House Lane
    -
    £270k
    -
  • 2 Custom House Lane
    -
    £225k
    -
  • 4 Custom House Lane
    -
    £65k
    -
  • 1 Custom House Lane
    -
    £125k
    -