Local market reports › TR area › TR20 › TR20 9
Ludgvan market report TR20 9, Penzance
The TR20 9 (Ludgvan) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 2,491 registered sales in TR20 9 (Penzance) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical TR20 9 (Penzance) home changed hands for £390,000 in 2026 (median of 19 registered sales, up 0% on five years earlier), with the mean at £371,600, and by floor area homes here have averaged about £3,880 per square metre over the last five years. Source: 2,491 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
A postcode sector like TR20 9 is a single group of streets within TR20 (Penzance), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where TR20 9 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 9
Take the 19 registered 2026 sales in TR20 9 and the middle price, the median, is £390,000. The mean lands at £371,600, almost on top of it, so sales bunch tightly around the typical price.
TR20 9 prices by floor area
Measured by floor area, the last five years of TR20 9 sales average about £3,880 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.
For scale: the England and Wales median is £285,000, so TR20 9 trades 37% above the country as a whole.
TR20 9's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £390,000 | £390,000 | 19 |
| 2025 | £380,000 | £389,087 | 50 |
| 2024 | £375,000 | £398,702 | 57 |
| 2023 | £376,000 | £413,132 | 48 |
| 2022 | £397,500 | £466,114 | 66 |
| 2021 | £390,000 | £493,790 | 107 |
| 2020 | £337,500 | £437,913 | 80 |
| 2019 | £301,200 | £394,801 | 92 |
| 2018 | £315,000 | £419,901 | 73 |
| 2017 | £305,000 | £415,989 | 88 |
| 2016 | £260,000 | £363,743 | 91 |
| 2015 | £285,000 | £402,705 | 75 |
| 2014 | £250,000 | £354,669 | 76 |
| 2013 | £248,000 | £356,847 | 56 |
| 2012 | £232,500 | £342,211 | 46 |
| 2011 | £250,000 | £377,404 | 43 |
| 2010 | £272,500 | £427,350 | 60 |
| 2009 | £235,000 | £377,765 | 67 |
| 2008 | £219,000 | £358,987 | 52 |
| 2007 | £240,500 | £407,955 | 106 |
| 2006 | £242,500 | £420,949 | 94 |
| 2005 | £235,000 | £418,205 | 59 |
| 2004 | £225,000 | £408,644 | 114 |
| 2003 | £187,500 | £345,420 | 103 |
| 2002 | £156,000 | £293,513 | 101 |
| 2001 | £111,500 | £214,353 | 98 |
| 2000 | £79,000 | £155,038 | 92 |
| 1999 | £85,500 | £170,397 | 120 |
| 1998 | £75,000 | £151,393 | 82 |
| 1997 | £65,500 | £134,327 | 133 |
| 1996 | £58,900 | £124,217 | 90 |
| 1995 | £56,500 | £122,822 | 53 |
In cash terms the typical TR20 9 home went from £56,500 in 1995 to £390,000 in 2026, roughly 7 times the price. Adjusted for inflation it still comes to a real rise of roughly 218%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 21% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the TR20 9 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 2001 (+41.1% on the year before); the weakest, 2008 (−8.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What TR20 9 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +2.6% | +0.2% |
| 5 years (since 2021) | 0.0% | −4.6% |
| 10 years (since 2016) | +4.1% | +0.7% |
| 20 years (since 2006) | +2.4% | −0.4% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Transaction volumes
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
TR20 9 recorded 19 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 96 sales a year before the financial crisis and 48 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What kind of market TR20 9 is
Only 19 sales completed here in the last twelve months of data, which makes TR20 9 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.
What homes rent for around TR20 9
The local authority for TR20 9 is Cornwall, and its ONS average private rent currently stands at £1,003 a month (May 2026 figures). 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.
£1,003 a month is £12,036 a year, which against the £390,000 median sold price makes a gross yield of 3.1%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Asked and answered: TR20 9 (Ludgvan)
How much did a house sell for in TR20 9 (Ludgvan)?
Are property prices falling in TR20 9 (Ludgvan)?
Is TR20 9 (Ludgvan) a good place to buy a house?
What happens to TR20 9 prices now?
No honest page predicts prices, so this one sticks to the record: the median is roughly flat over five years in cash but down 21% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
On the market in TR20 today
The live side of the market holds 76 homes at the moment, listed by 6 agents publishing to HomesIndex.
These cover the whole TR20 district, not just TR20 9: live asking prices are collected per district.
32% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- St. Hilary, Penzance, Cornwall, TR20
- Gulval, Penzance, Cornwall, TR20
- Tonkin Way, Newbridge, Penzance, Corn...
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every TR20 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Bedroom by bedroom: TR prices by size
Real sold prices by size across the TR area, straight from the Land Registry record. 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%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the TR area is the point: the same five years treated these districts very differently.
TR area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in TR20
A few minutes' walk can separate two very different markets. Here are TR20's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| TR20 8 | £362,000 | 23 |
Zoom out to the full TR20 district report for the type split, monthly volumes and how TR20 compares with its neighbours.
Before you sell in TR20 9: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in TR20 9, open the average prices map and zoom from the TR20 9 shading down to the sold homes on your own street. Every recorded TR20 9 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim TR20 9.
Dig further
Behind the answers sits the same Land Registry record as this page, with TR20 9 already set as the subject. Free, one click sign in.
The live map plots every individual TR20 9 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.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.