2, PENWALD CLOSE, CROWLAND, PETERBOROUGH, PE6 0AQ - £315,000

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 PENWALD CLOSE is a large extended detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £364,330. It was last sold for £315,000 in October 2020, which was around 31% above the average October 2020 detached price in the South Holland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

2 PENWALD CLOSE Sold Prices

Land registry data shows three sales for 2 PENWALD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 2 PENWALD CLOSE 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
2020 2 OCT	£315,000	£240,513	31% above HPI
2011 31 JAN	£171,000	£166,951	2% above HPI
2001 7 SEP	£115,000	£97,527	18% above HPI

2 PENWALD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 2 PENWALD CLOSE sales between September 2001 and October 2020 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 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2020 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 2 PENWALD CLOSE be worth now?

2 PENWALD CLOSE might now be worth an estimated £364,330.

This is based on house price inflation of 15.7%, between October 2020 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.7% inflationary increase is applied to the most recent sale price for 2 PENWALD CLOSE of £315,000 on 2nd October 2020. For the value to have increased from £315,000 to £364,330 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 PENWALD CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PENWALD CLOSE has not materially changed since October 2020.

How Large is 2 PENWALD CLOSE?

2 PENWALD CLOSE is 148m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses houses in Crowland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crowland, and where 2 PENWALD CLOSE lies on this distribution: 77% of detached houses houses are smaller than 2 PENWALD CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Crowland.

2 PENWALD CLOSE: Plot and Title Map

2 PENWALD CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 2 PENWALD CLOSE, 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 PENWALD CLOSE). 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 PENWALD CLOSE?

2 PENWALD CLOSE is located in CROWLAND, in the PE6 postcode district. The below map shows the position of No. 2 on PENWALD CLOSE.