3, PENN ROAD, SPEEN, NEWBURY, RG14 1UU - £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

3 PENN ROAD is a very small extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £265,000 in August 2013, which was around 38% below the average August 2013 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

3 PENN ROAD Sold Prices

Land registry data shows three sales for 3 PENN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three 3 PENN ROAD 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
2013 22 AUG	£265,000	£428,895	38% below HPI
2003 26 AUG	£214,950	£324,620	34% below HPI
1999 8 OCT	£137,500	£208,565	34% below HPI

3 PENN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three 3 PENN ROAD sales between October 1999 and August 2013 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 August 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 3 PENN ROAD?

3 PENN ROAD is 88m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Newbury, based on EPC data. The below chart shows the distribution of detached houses by size in Newbury, and where 3 PENN ROAD lies on this distribution: 15% of detached houses are smaller than 3 PENN ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Newbury.

3 PENN ROAD: Plot and Title Map

3 PENN ROAD sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 3 PENN ROAD, 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 3 PENN ROAD). 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 3 PENN ROAD?

3 PENN ROAD is located in SPEEN, in the RG14 postcode district. The below map shows the position of No. 3 on PENN ROAD.