8, PENN AVENUE, CHESHAM, HP5 2HT - £510,000

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

8 PENN AVENUE is a small detached house of 114m², built sometime between 1950 and 1966. It was last sold for £510,000 in March 2021, which was around 29% below the average March 2021 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

8 PENN AVENUE Sold Prices

Land registry data shows two sales for 8 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 8 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
2021 31 MAR	£510,000	£715,087	29% below HPI
2013 5 MAR	£292,000	£498,147	41% below HPI

8 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 8 PENN AVENUE sales from March 2013 and March 2021 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 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 PENN AVENUE?

8 PENN AVENUE is 114m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Chesham, based on EPC data. The below chart shows the distribution of detached houses by size in Chesham, and where 8 PENN AVENUE lies on this distribution: 36% of detached houses are smaller than 8 PENN AVENUE, and 63% of houses are larger. Note that EPC data is not available for all properties in Chesham.

8 PENN AVENUE: Plot and Title Map

8 PENN AVENUE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 8 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 8 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 8 PENN AVENUE?

8 PENN AVENUE is located in CHESHAM, in the HP5 postcode district. The below map shows the position of No. 8 on PENN AVENUE.