2, PENLEE WAY, PLYMOUTH, PL3 4AW - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 PENLEE WAY is a large detached house of 138m², built sometime between 1967 and 1975. It was last sold for £385,000 in October 2016, which was around 31% above the average October 2016 detached price in the City of Plymouth local authority area. The most recent EPC inspection was April 2011, where the current energy rating was F, and the potential energy rating was C.

2 PENLEE WAY Sold Prices

Land registry data shows two sales for 2 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 2 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
2016 10 OCT	£385,000	£293,117	31% above HPI
2003 20 OCT	£325,000	£193,326	68% above HPI

2 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 2 PENLEE WAY sales from October 2003 and October 2016 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 2003 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2016 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 2 PENLEE WAY?

2 PENLEE WAY is 138m² according to the EPC inspection conducted in April 2011. This puts it in the largest 30% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 2 PENLEE WAY lies on this distribution: 72% of detached houses are smaller than 2 PENLEE WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

2 PENLEE WAY: Plot and Title Map

2 PENLEE WAY sits on a plot of roughly 0.289 of an acre, or 1,171m². The below map shows the location of 2 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 2 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 2 PENLEE WAY?

2 PENLEE WAY is located in PLYMOUTH, in the PL3 postcode district. The below map shows the position of No. 2 on PENLEE WAY.