PENWOOD, MEAVY BOURNE, YELVERTON, PL20 6AR - £700,000

PENWOOD is a large extended detached house of 181m², built sometime between 1967 and 1975. It was last sold for £700,000 in September 2023, which was around 60% above the average September 2023 detached price in the West Devon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

PENWOOD Sold Prices

Land registry data shows two sales for PENWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Both of the two PENWOOD 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
2023 6 SEP	£700,000	£438,870	60% above HPI
2005 27 MAY	£339,000	£261,057	30% above HPI

PENWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The two PENWOOD sales from May 2005 and September 2023 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 May 2005 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2023 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is PENWOOD?

PENWOOD is 181m², which includes four extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Yelverton, based on EPC data. The below chart shows the distribution of detached houses by size in Yelverton, and where PENWOOD lies on this distribution: 75% of detached houses are smaller than PENWOOD, and 25% of houses are larger. Note that EPC data is not available for all properties in Yelverton.

PENWOOD: Plot and Title Map

PENWOOD sits on a plot of roughly 0.234 of an acre, or 948m². The below map shows the location of PENWOOD, 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 PENWOOD). 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 PENWOOD?

PENWOOD is located on MEAVY BOURNE in YELVERTON, in the PL20 postcode district. The below map shows the position of PENWOOD on MEAVY BOURNE.