2, PENNINE WAY, SWINDON, SN25 4FX - £405,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 PENNINE WAY is a midsized detached house of 114m², built sometime between 1991 and 1995. It was last sold for £405,000 in February 2023, which was around 12% below the average February 2023 detached price in the Swindon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

2 PENNINE WAY Sold Prices

Land registry data shows four sales for 2 PENNINE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swindon local authority area for the corresponding sale date. All of the four 2 PENNINE WAY 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
2023 17 FEB	£405,000	£457,918	12% below HPI
2017 12 MAY	£336,000	£351,964	5% below HPI
2006 30 JUN	£241,500	£248,181	3% below HPI
1999 9 APR	£110,450	£123,761	11% below HPI

2 PENNINE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swindon local authority area over time, sourced from the HPI. The four 2 PENNINE WAY sales between April 1999 and February 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 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 PENNINE WAY?

2 PENNINE WAY is 114m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses in Swindon, based on EPC data. The below chart shows the distribution of detached houses by size in Swindon, and where 2 PENNINE WAY lies on this distribution: 48% of detached houses are smaller than 2 PENNINE WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Swindon.

2 PENNINE WAY: Plot and Title Map

2 PENNINE WAY sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 2 PENNINE 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 PENNINE 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 PENNINE WAY?

2 PENNINE WAY is located in SWINDON, in the SN25 postcode district. The below map shows the position of No. 2 on PENNINE WAY.