7, PENROSE WAY, FOUR MARKS, ALTON, GU34 5BG - £841,000

7 PENROSE WAY is a very large extended detached house of 221m², built sometime between 1996 and 2002. It was last sold for £841,000 in May 2021, which was around 44% above the average May 2021 detached price in the East Hampshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.

7 PENROSE WAY Sold Prices

Land registry data shows three sales for 7 PENROSE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. All of the three 7 PENROSE WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 10 MAY	£841,000	£584,655	44% above HPI
2004 30 NOV	£565,000	£330,559	71% above HPI
1999 29 JAN	£314,000	£166,911	88% above HPI

7 PENROSE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The three 7 PENROSE WAY sales between January 1999 and May 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2004 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the May 2021 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 7 PENROSE WAY?

7 PENROSE WAY is 221m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 20% of detached houses in Four Marks, based on EPC data. The below chart shows the distribution of detached houses by size in Four Marks, and where 7 PENROSE WAY lies on this distribution: 87% of detached houses are smaller than 7 PENROSE WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Four Marks.

7 PENROSE WAY: Plot and Title Map

7 PENROSE WAY sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of 7 PENROSE WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 PENROSE WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 PENROSE WAY?

7 PENROSE WAY is located in FOUR MARKS, in the GU34 postcode district. The below map shows the position of No. 7 on PENROSE WAY.