16, PENLEE WAY, PLYMOUTH, PL3 4AW - £875,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 PENLEE WAY is a very large extended detached house of 224m², built sometime between 1967 and 1975, which could now be worth an estimated £911,754. It was last sold for £875,000 in April 2024, which was around 129% above the average April 2024 detached price in the City of Plymouth local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

16 PENLEE WAY Sold Prices

Land registry data shows two sales for 16 PENLEE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. Both of the two 16 PENLEE 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
2024 12 APR	£875,000	£381,747	129% above HPI
2018 17 OCT	£436,100	£318,313	37% above HPI

16 PENLEE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The two 16 PENLEE WAY sales from October 2018 and April 2024 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 October 2018 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2024 sale, where it rises to 129% above the HPI. The line then continues to track at 129% above the HPI.

What might 16 PENLEE WAY be worth now?

16 PENLEE WAY might now be worth an estimated £911,754.

This is based on house price inflation of 4.2%, between April 2024 and December 2024, for detached houses, in the City of Plymouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% inflationary increase is applied to the most recent sale price for 16 PENLEE WAY of £875,000 on 12th April 2024. For the value to have increased from £875,000 to £911,754 over the four months to December 2024, the following assumptions must hold true:

• The value of 16 PENLEE WAY has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The April 2024 sale price of £875,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PENLEE WAY has not materially changed since April 2024.

How Large is 16 PENLEE WAY?

16 PENLEE WAY is 224m², which includes four extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymouth, and where 16 PENLEE WAY lies on this distribution: 95% of detached houses houses are smaller than 16 PENLEE WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

16 PENLEE WAY: Plot and Title Map

16 PENLEE WAY sits on a plot of roughly 0.258 of an acre, or 1,045m². The below map shows the location of 16 PENLEE 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 16 PENLEE 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 16 PENLEE WAY?

16 PENLEE WAY is located in PLYMOUTH, in the PL3 postcode district. The below map shows the position of No. 16 on PENLEE WAY.