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Ludgvan market report TR20 8, Penzance
The TR20 8 (Ludgvan) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 2,313 completed sales registered with HM Land Registry in TR20 8 (Penzance) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in TR20 8 (Penzance) came in at £362,000, out of 23 registered, up 22% on five years earlier, and the mean stands at £362,000, and by floor area homes here have averaged about £3,890 per square metre over the last five years. The record behind it is 2,313 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
TR20 8 is one sector of TR20 (Penzance): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where TR20 8 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in TR20 8
Take the 23 registered 2026 sales in TR20 8 and the middle price, the median, is £362,000. The mean lands at £362,000, nearly identical to it, meaning sales cluster closely around the typical figure.
What a square metre costs in TR20 8
Measured by floor area, the last five years of TR20 8 sales average about £3,890 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
The national median for England and Wales is £285,000, which puts TR20 8 27% above the country at large.
A typical TR20 8 home, priced year by year (1995 to 2026)
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £362,000 | £362,000 | 23 |
| 2025 | £313,500 | £320,997 | 79 |
| 2024 | £325,000 | £345,542 | 67 |
| 2023 | £256,200 | £281,501 | 46 |
| 2022 | £312,000 | £365,856 | 63 |
| 2021 | £297,500 | £376,673 | 114 |
| 2020 | £240,000 | £311,405 | 68 |
| 2019 | £216,200 | £283,386 | 70 |
| 2018 | £252,500 | £336,587 | 66 |
| 2017 | £225,000 | £306,877 | 90 |
| 2016 | £212,500 | £297,290 | 72 |
| 2015 | £220,000 | £310,860 | 55 |
| 2014 | £194,000 | £275,223 | 71 |
| 2013 | £190,000 | £273,391 | 67 |
| 2012 | £185,000 | £272,297 | 56 |
| 2011 | £205,000 | £309,471 | 48 |
| 2010 | £212,000 | £332,471 | 59 |
| 2009 | £165,800 | £266,525 | 46 |
| 2008 | £197,000 | £322,925 | 33 |
| 2007 | £210,000 | £356,218 | 91 |
| 2006 | £236,000 | £409,666 | 88 |
| 2005 | £172,000 | £306,091 | 62 |
| 2004 | £183,000 | £332,364 | 81 |
| 2003 | £165,000 | £303,970 | 77 |
| 2002 | £125,000 | £235,186 | 93 |
| 2001 | £95,000 | £182,633 | 77 |
| 2000 | £83,000 | £162,888 | 93 |
| 1999 | £72,500 | £144,489 | 105 |
| 1998 | £57,000 | £115,059 | 97 |
| 1997 | £59,500 | £122,022 | 103 |
| 1996 | £51,200 | £107,979 | 91 |
| 1995 | £51,500 | £111,953 | 62 |
In cash terms the typical TR20 8 home went from £51,500 in 1995 to £362,000 in 2026, roughly 7 times the price. Inflation explains only part of it: in today's money the rise is still about 223%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2006. The market now sits about 12% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the TR20 8 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2006 (+37.2% on the year before); the weakest, 2023 (−17.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +15.5% | +12.8% |
| 5 years (since 2021) | +4.0% | −0.8% |
| 10 years (since 2016) | +5.5% | +2.0% |
| 20 years (since 2006) | +2.2% | −0.6% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in TR20 8
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The register shows 23 TR20 8 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 83 sales a year before the financial crisis and 56 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
Reading the TR20 8 market
This is a thin market: 23 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
What homes rent for around TR20 8
For renting purposes TR20 8 sits in Cornwall. The ONS average private rent there is £1,003 a month (May 2026). The spread runs from £691 a month for a typical one-bed to £1,510 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Cornwall
ONS Price Index of Private Rents, May 2026.
Set against the £362,000 median sold price, £1,003 a month is £12,036 a year, a gross yield of 3.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
TR20 8 (Ludgvan): the questions that come up
How much did a house sell for in TR20 8 (Ludgvan)?
Are property prices falling in TR20 8 (Ludgvan)?
Is TR20 8 (Ludgvan) a good place to buy a house?
Are TR20 8 prices heading up or down?
That question has no honest answer, only evidence. The evidence: the median is up 22% over five years in cash but down 4% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What is for sale in TR20 right now
This is what you could actually buy today: 76 homes currently on the market from 6 agents publishing to HomesIndex.
These cover the whole TR20 district, not just TR20 8: live asking prices are collected per district.
32% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
- St. Hilary, Penzance, Cornwall, TR20
- Gulval, Penzance, Cornwall, TR20
- Tonkin Way, Newbridge, Penzance, Corn...
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every TR20 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
What another bedroom costs in TR
The Land Registry record, split by size: what each kind of home actually sold for across the TR area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £320,000 | £447,500 (+40%) | £650,000 (+45%) | £910,000 (+40%) |
| Semi-detached | £232,500 | £275,000 (+18%) | £330,000 (+20%) | £425,000 (+29%) | £575,000 (+35%) |
| Terraced | £202,500 | £240,000 (+19%) | £294,500 (+23%) | £400,000 (+36%) | £525,000 (+31%) |
| Flat | £156,275 | £240,000 (+54%) | £363,186 (+51%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the TR area is the point: the same five years treated these districts very differently.
Winners and losers across the TR area, five years
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in TR20
Sector boundaries hide real price steps. The rest of TR20, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| TR20 9 | £390,000 | 19 |
Zoom out to the full TR20 district report for the type split, monthly volumes and how TR20 compares with its neighbours.
Selling in TR20 8? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in TR20 8, open the average prices map and zoom from the TR20 8 shading down to the sold homes on your own street. Every recorded TR20 8 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim TR20 8.
Dig further
Behind the answers sits the same Land Registry record as this page, with TR20 8 already set as the subject. Free, one click sign in.
The live map plots every individual TR20 8 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.