2, PENN ROAD, SPEEN, NEWBURY, RG14 1UU - £200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PENN ROAD is a very small extended semi-detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £290,923. It was last sold for £200,000 in December 2014, which was around 30% below the average December 2014 semi-detached price in the West Berkshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

2 PENN ROAD Sold Prices

Land registry data shows three sales for 2 PENN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Berkshire local authority area for the corresponding sale date. All of the three 2 PENN ROAD sales were for below 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
2014 23 DEC	£200,000	£284,144	30% below HPI
2007 2 JAN	£170,000	£225,305	25% below HPI
2002 31 MAY	£118,000	£159,254	26% below HPI

2 PENN ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 2 PENN ROAD sales between May 2002 and December 2014 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 January 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 PENN ROAD be worth now?

2 PENN ROAD might now be worth an estimated £290,923.

This is based on house price inflation of 45.5%, between December 2014 and March 2025, for semi-detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.5% inflationary increase is applied to the most recent sale price for 2 PENN ROAD of £200,000 on 23rd December 2014. For the value to have increased from £200,000 to £290,923 over the eleven years and nine months to March 2025, the following assumptions must hold true:

• The value of 2 PENN ROAD has moved in line with the HPI for semi-detached houses in the West Berkshire local authority area.
• The December 2014 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PENN ROAD has not materially changed since December 2014.

How Large is 2 PENN ROAD?

2 PENN ROAD is 59m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of semi-detached houses houses in Newbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newbury, and where 2 PENN ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 2 PENN ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Newbury.

2 PENN ROAD: Plot and Title Map

2 PENN ROAD sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 2 PENN ROAD, 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 PENN ROAD). 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 PENN ROAD?

2 PENN ROAD is located in SPEEN, in the RG14 postcode district. The below map shows the position of No. 2 on PENN ROAD.