29, PENNEY LANE, WARWICK, CV34 6JG - £265,000

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

29 PENNEY LANE is a very small detached house of 91m², built sometime between 2003 and 2006. It was last sold for £265,000 in June 2014, which was around 35% below the average June 2014 detached price in the Warwick local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

29 PENNEY LANE Sold Prices

Land registry data shows two sales for 29 PENNEY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Both of the two 29 PENNEY LANE 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
2014 27 JUN	£265,000	£408,500	35% below HPI
2007 17 DEC	£250,000	£368,815	32% below HPI

29 PENNEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The two 29 PENNEY LANE sales from December 2007 and June 2014 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 December 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 29 PENNEY LANE?

29 PENNEY LANE is 91m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 29 PENNEY LANE lies on this distribution: 15% of detached houses are smaller than 29 PENNEY LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Warwick.

29 PENNEY LANE: Plot and Title Map

29 PENNEY LANE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 29 PENNEY LANE, 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 PENNEY LANE). 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 PENNEY LANE?

29 PENNEY LANE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 29 on PENNEY LANE.