28, PENNYFIELDS, WARLEY, BRENTWOOD, CM14 5JP - £264,000

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

28 PENNYFIELDS is a very small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £264,000 in December 2006, which was around 40% below the average December 2006 detached price in the Brentwood local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

28 PENNYFIELDS Sold Prices

Land registry data shows two sales for 28 PENNYFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Both of the two 28 PENNYFIELDS 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
2006 20 DEC	£264,000	£437,882	40% below HPI
2003 25 APR	£224,500	£366,851	39% below HPI

28 PENNYFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two 28 PENNYFIELDS sales from April 2003 and December 2006 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 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2006 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 28 PENNYFIELDS?

28 PENNYFIELDS is 81m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses by size in Brentwood, and where 28 PENNYFIELDS lies on this distribution: 6% of detached houses are smaller than 28 PENNYFIELDS, and 93% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

28 PENNYFIELDS: Plot and Title Map

28 PENNYFIELDS sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 28 PENNYFIELDS, 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 28 PENNYFIELDS). 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 28 PENNYFIELDS?

28 PENNYFIELDS is located in WARLEY, in the CM14 postcode district. The below map shows the position of No. 28 on PENNYFIELDS.