Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
49 PENN LEA ROAD is a small extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £556,000 in January 2020, which was about the average January 2020 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 49 PENN LEA ROAD since 1st 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 49 PENN LEA ROAD sales was roughly equal to the average price, whilst the other was for above 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 23 JAN | £556,000 | £554,072 | Close to HPI |
1998 26 MAY | £150,000 | £133,452 | 12% above HPI |
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 49 PENN LEA ROAD sales from May 1998 and January 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 May 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
49 PENN LEA ROAD is 117m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of detached houses in Bath, based on EPC data. The below chart shows the distribution of detached houses by size in Bath, and where 49 PENN LEA ROAD lies on this distribution: 33% of detached houses are smaller than 49 PENN LEA ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Bath.
49 PENN LEA ROAD sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 49 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 49 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.
49 PENN LEA ROAD is located in BATH, in the BA1 postcode district. The below map shows the position of No. 49 on PENN LEA ROAD.