40, PENFOLDS PLACE, ARUNDEL, BN18 9SA - £260,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

40 PENFOLDS PLACE is a very small semi-detached house of 60m², built sometime between 1996 and 2002. It was last sold for £260,000 in July 2017, which was around 40% below the average July 2017 detached price in the Arun local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

40 PENFOLDS PLACE Sold Prices

Land registry data shows three sales for 40 PENFOLDS PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 40 PENFOLDS PLACE 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 12 JUL	£260,000	£434,050	40% below HPI
1998 30 JUN	£80,000	£124,107	36% below HPI
1997 24 JUL	£77,995	£108,784	28% below HPI

40 PENFOLDS PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 40 PENFOLDS PLACE sales between July 1997 and July 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 June 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 40 PENFOLDS PLACE?

40 PENFOLDS PLACE is 60m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Arundel, based on EPC data. The below chart shows the distribution of detached houses by size in Arundel, and where 40 PENFOLDS PLACE lies on this distribution: Less than 1% of detached houses are smaller than 40 PENFOLDS PLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Arundel.

40 PENFOLDS PLACE: Plot and Title Map

40 PENFOLDS PLACE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 40 PENFOLDS PLACE, 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 40 PENFOLDS PLACE). 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 40 PENFOLDS PLACE?

40 PENFOLDS PLACE is located in ARUNDEL, in the BN18 postcode district. The below map shows the position of No. 40 on PENFOLDS PLACE.