The Stannary Ludgvan, Penzance, Cornwall, TR20 8AJ

Lot 1 · TR20 8AJ · Auction House South West · South West

£450,250guide price
Residential
The Stannary Ludgvan, Penzance, Cornwall, TR20 8AJ
Photo: Auction House South West catalogue

Pre-bid risk check

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Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

EPC G

This is an immediate rental-readiness flag. Confirm current certificate status before bidding.

medium confidence, Auction listing enrichment

Freehold listed

The listing indicates freehold tenure. Confirm against title and special conditions.

medium confidence, Auction listing

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About this lot

4 Bed Residential Property For Sale

*Guide Price £200,000 + fees ONLINE AUCTION SALE ends on 30/07/2020. A four bedroom detached house in need of comprehensive refurbishment and set in a large plot of approx. 1/2 acres, within a desirable Cornish village, near Penzance. Residential development potential, subject to PP. OVERVIEW Our overview is based to a greater extent on a recent maintenance contractors report. We believe The Stannary is an attractive 1920's construction. It comprises of 4 bedrooms, 3 reception rooms, 2 bathrooms, 2 cloakrooms, a workshop, an outbuilding, a greenhouse and a garage. It is set in a plot of approx.1/2 an acre and therefore may have residential development potential subject to planning permission (PP) and suitable mining conditions. The property is now in very poor condition and requires comprehensive refurbishment and modernisation. During March 2020 contractors drained down the water system and secured the property with new locks and shuttered windows and doors. The shutters will be removed on completion of the auction sale. The contractors stated that approx 15% of the roof tiles/slates are missing and therefore there are areas of damp within the property. The dining room ceiling is partially down, as is the bedroom ceiling above. The property is full of the previous owners possessions and these are again in a very poor condition. Clearly there is considerable work to be done; ho…

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Key facts

1Lot number
ResidentialUse class
FreeholdTenure
GEPC

Recent sold prices nearby

6 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

HIGHER KERROWE COTTAGETR20 8UY£126,500
BARN 2 MO****TR20 8YT£285,000
HIGHER CARVOSSA BUNGALOWTR20 8AJ£239,000

3 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in TR20

Evidence from 42 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+67.6%median uplift
£94,000typical value added
4.8 yearstypical hold period

See 42 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 42 registered sale pairs in TR20 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

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