40, PENN ROAD, HAZLEMERE, HIGH WYCOMBE, HP15 7LR - £500,000

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

40 PENN ROAD is a very small detached house of 73m², built sometime between 1930 and 1949. It was last sold for £500,000 in April 2024, which was around 37% below the average April 2024 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

40 PENN ROAD Sold Prices

Land registry data shows three sales for 40 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 Buckinghamshire local authority area for the corresponding sale date. All of the three 40 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
2024 12 APR	£500,000	£787,988	37% below HPI
2007 14 DEC	£350,000	£500,090	30% below HPI
1999 26 APR	£162,000	£217,682	26% below HPI

40 PENN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The three 40 PENN ROAD sales between April 1999 and April 2024 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 40 PENN ROAD?

40 PENN ROAD is 73m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of detached houses in Hazlemere, based on EPC data. The below chart shows the distribution of detached houses by size in Hazlemere, and where 40 PENN ROAD lies on this distribution: 5% of detached houses are smaller than 40 PENN ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Hazlemere.

40 PENN ROAD: Plot and Title Map

40 PENN ROAD sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 40 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 40 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 40 PENN ROAD?

40 PENN ROAD is located in HAZLEMERE, in the HP15 postcode district. The below map shows the position of No. 40 on PENN ROAD.