24, PENLEE WAY, PLYMOUTH, PL3 4AW - £570,000

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.

24 PENLEE WAY is a very large extended detached house of 182m², built sometime between 1950 and 1966, which could now be worth an estimated £713,160. It was last sold for £570,000 in February 2019, which was around 80% above the average February 2019 detached price in the City of Plymouth local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

24 PENLEE WAY Sold Prices

Land registry data shows three sales for 24 PENLEE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. All of the three 24 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
2019 8 FEB	£570,000	£316,793	80% above HPI
1999 29 APR	£210,000	£91,160	130% above HPI
1995 29 MAR	£159,500	£80,111	99% above HPI

24 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 three 24 PENLEE WAY sales between March 1995 and February 2019 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 April 1999 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the February 2019 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 24 PENLEE WAY be worth now?

24 PENLEE WAY might now be worth an estimated £713,160.

This is based on house price inflation of 25.1%, between February 2019 and February 2025, for detached houses, in the City of Plymouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.1% inflationary increase is applied to the most recent sale price for 24 PENLEE WAY of £570,000 on 8th February 2019. For the value to have increased from £570,000 to £713,160 over the six years to February 2025, the following assumptions must hold true:

• The value of 24 PENLEE WAY has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The February 2019 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PENLEE WAY has not materially changed since February 2019.

How Large is 24 PENLEE WAY?

24 PENLEE WAY is 182m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% of detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymouth, and where 24 PENLEE WAY lies on this distribution: 90% of detached houses houses are smaller than 24 PENLEE WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

24 PENLEE WAY: Plot and Title Map

24 PENLEE WAY sits on a plot of roughly 0.541 of an acre, or 2,188m². The below map shows the location of 24 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 24 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 24 PENLEE WAY?

24 PENLEE WAY is located in PLYMOUTH, in the PL3 postcode district. The below map shows the position of No. 24 on PENLEE WAY.