48, PENN LEA ROAD, BATH, BA1 3RB - £550,000

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

48 PENN LEA ROAD is a small extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £550,000 in March 2020, which was around 3% below the average March 2020 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was C.

48 PENN LEA ROAD Sold Prices

Land registry data shows two sales for 48 PENN LEA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. One of the two 48 PENN LEA ROAD sales was for below the average price, whilst the other was roughly equal to 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
2020 27 MAR	£550,000	£564,357	3% below HPI
2006 10 MAR	£332,000	£332,210	Close to HPI

48 PENN LEA ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two 48 PENN LEA ROAD sales from March 2006 and March 2020 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 March 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 48 PENN LEA ROAD?

48 PENN LEA ROAD is 111m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Bath, based on EPC data. The below chart shows the distribution of detached houses by size in Bath, and where 48 PENN LEA ROAD lies on this distribution: 27% of detached houses are smaller than 48 PENN LEA ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Bath.

48 PENN LEA ROAD: Plot and Title Map

48 PENN LEA ROAD sits on a plot of roughly 0.130 of an acre, or 524m². The below map shows the location of 48 PENN LEA 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 48 PENN LEA 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 48 PENN LEA ROAD?

48 PENN LEA ROAD is located in BATH, in the BA1 postcode district. The below map shows the position of No. 48 on PENN LEA ROAD.