6, PENWOOD LANE, MARLOW, SL7 2AP - £825,000

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 PENWOOD LANE is a small detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £959,317. It was last sold for £825,000 in July 2020, which was around 13% above the average July 2020 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

6 PENWOOD LANE Sold Prices

Land registry data shows three sales for 6 PENWOOD LANE 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 6 PENWOOD LANE sales were 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 14 JUL	£825,000	£727,713	13% above HPI
2011 14 OCT	£650,000	£515,566	26% above HPI
2005 27 MAY	£425,000	£421,733	1% above HPI

6 PENWOOD LANE 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 6 PENWOOD LANE sales between May 2005 and July 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 October 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 6 PENWOOD LANE be worth now?

6 PENWOOD LANE might now be worth an estimated £959,317.

This is based on house price inflation of 16.3%, between July 2020 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 16.3% inflationary increase is applied to the most recent sale price for 6 PENWOOD LANE of £825,000 on 14th July 2020. For the value to have increased from £825,000 to £959,317 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 6 PENWOOD LANE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The July 2020 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PENWOOD LANE has not materially changed since July 2020.

How Large is 6 PENWOOD LANE?

6 PENWOOD LANE is 123m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses houses in Marlow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marlow, and where 6 PENWOOD LANE lies on this distribution: 31% of detached houses houses are smaller than 6 PENWOOD LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Marlow.

6 PENWOOD LANE: Plot and Title Map

6 PENWOOD LANE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 6 PENWOOD LANE, 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 PENWOOD LANE). 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 PENWOOD LANE?

6 PENWOOD LANE is located in MARLOW, in the SL7 postcode district. The below map shows the position of No. 6 on PENWOOD LANE.