6, PENN AVENUE, CHESHAM, HP5 2HT - £396,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 PENN AVENUE is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £450,016. It was last sold for £396,000 in February 2019, which was around 47% below the average February 2019 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was B.

6 PENN AVENUE Sold Prices

Land registry data shows two sales for 6 PENN AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two 6 PENN AVENUE 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
2019 11 FEB	£396,000	£744,622	47% below HPI
1999 4 NOV	£187,500	£254,426	26% below HPI

6 PENN AVENUE 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 two 6 PENN AVENUE sales from November 1999 and February 2019 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 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2019 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 6 PENN AVENUE be worth now?

6 PENN AVENUE might now be worth an estimated £450,016.

This is based on house price inflation of 13.6%, between February 2019 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.6% inflationary increase is applied to the most recent sale price for 6 PENN AVENUE of £396,000 on 11th February 2019. For the value to have increased from £396,000 to £450,016 over the six years to February 2025, the following assumptions must hold true:

• The value of 6 PENN AVENUE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The February 2019 sale price of £396,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PENN AVENUE has not materially changed since February 2019.

How Large is 6 PENN AVENUE?

6 PENN AVENUE is 70m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses houses in Chesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chesham, and where 6 PENN AVENUE lies on this distribution: 5% of detached houses houses are smaller than 6 PENN AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chesham.

6 PENN AVENUE: Plot and Title Map

6 PENN AVENUE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 6 PENN AVENUE, 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 6 PENN AVENUE). 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 6 PENN AVENUE?

6 PENN AVENUE is located in CHESHAM, in the HP5 postcode district. The below map shows the position of No. 6 on PENN AVENUE.