29, PENK RIDGE, HAVANT, PO9 3LT - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

29 PENK RIDGE is a large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £485,000 in March 2023, which was around 7% below the average March 2023 detached price in the Havant local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

29 PENK RIDGE Sold Prices

Land registry data shows two sales for 29 PENK RIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havant local authority area for the corresponding sale date. One of the two 29 PENK RIDGE sales was for below the average price, whilst the other was 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
2023 17 MAR	£485,000	£524,287	7% below HPI
1999 26 MAR	£129,000	£123,899	4% above HPI

29 PENK RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The two 29 PENK RIDGE sales from March 1999 and March 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 March 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 29 PENK RIDGE?

29 PENK RIDGE is 140m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 29 PENK RIDGE lies on this distribution: 67% of detached houses are smaller than 29 PENK RIDGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

29 PENK RIDGE: Plot and Title Map

29 PENK RIDGE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 29 PENK RIDGE, 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 29 PENK RIDGE). 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 29 PENK RIDGE?

29 PENK RIDGE is located in HAVANT, in the PO9 postcode district. The below map shows the position of No. 29 on PENK RIDGE.