4, PENNWAY, SOMERSHAM, HUNTINGDON, PE28 3JJ - £248,000

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

4 PENNWAY is a small extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £248,000 in August 2017, which was around 36% below the average August 2017 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

4 PENNWAY Sold Prices

Land registry data shows three sales for 4 PENNWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. All of the three 4 PENNWAY 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
2017 8 AUG	£248,000	£390,231	36% below HPI
2015 20 NOV	£220,000	£337,293	35% below HPI
1999 5 FEB	£57,500	£105,997	46% below HPI

4 PENNWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The three 4 PENNWAY sales between February 1999 and August 2017 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 November 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 4 PENNWAY?

4 PENNWAY is 99m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses in Somersham, based on EPC data. The below chart shows the distribution of detached houses by size in Somersham, and where 4 PENNWAY lies on this distribution: 34% of detached houses are smaller than 4 PENNWAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Somersham.

4 PENNWAY: Plot and Title Map

4 PENNWAY sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 4 PENNWAY, 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 4 PENNWAY). 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 4 PENNWAY?

4 PENNWAY is located in SOMERSHAM, in the PE28 postcode district. The below map shows the position of No. 4 on PENNWAY.