17, PENROSE WAY, FOUR MARKS, ALTON, GU34 5BG - £359,950

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

17 PENROSE WAY is a midsized extended detached house of 145m², built sometime between 1996 and 2002. It was last sold for £359,950 in August 2003, which was around 9% above the average August 2003 detached price in the East Hampshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

17 PENROSE WAY Sold Prices

Land registry data shows two sales for 17 PENROSE 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 East Hampshire local authority area for the corresponding sale date. Both of the two 17 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
2003 26 AUG	£359,950	£330,424	9% above HPI
1999 17 DEC	£249,000	£199,572	25% above HPI

17 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 two 17 PENROSE WAY sales from December 1999 and August 2003 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 December 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2003 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 17 PENROSE WAY be worth now?

17 PENROSE WAY might now be worth an estimated £757,675.

This is based on house price inflation of 110.5%, between August 2003 and December 2024, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 110.5% inflationary increase is applied to the most recent sale price for 17 PENROSE WAY of £359,950 on 26th August 2003. For the value to have increased from £359,950 to £757,675 over the twenty years and eight months to December 2024, the following assumptions must hold true:

• The value of 17 PENROSE WAY has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The August 2003 sale price of £359,950 represented a fair market value for the property.
• The size, condition, and specification of 17 PENROSE WAY has not materially changed since August 2003.

How Large is 17 PENROSE WAY?

17 PENROSE WAY is 145m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses houses in Four Marks, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Marks, and where 17 PENROSE WAY lies on this distribution: 49% of detached houses houses are smaller than 17 PENROSE WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Four Marks.

17 PENROSE WAY: Plot and Title Map

17 PENROSE WAY sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 17 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 17 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 17 PENROSE WAY?

17 PENROSE WAY is located in FOUR MARKS, in the GU34 postcode district. The below map shows the position of No. 17 on PENROSE WAY.