8, PENWOOD HEIGHTS, PENWOOD, NEWBURY, RG20 9EY - £576,000

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 PENWOOD HEIGHTS is a very small detached house of 110m², built sometime between 1967 and 1975. It was last sold for £576,000 in November 2022, which was around 6% below the average November 2022 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

8 PENWOOD HEIGHTS Sold Prices

Land registry data shows two sales for 8 PENWOOD HEIGHTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. Both of the two 8 PENWOOD HEIGHTS 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
2022 23 NOV	£576,000	£615,059	6% below HPI
2017 4 AUG	£472,500	£517,174	9% below HPI

8 PENWOOD HEIGHTS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The two 8 PENWOOD HEIGHTS sales from August 2017 and November 2022 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 August 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 PENWOOD HEIGHTS?

8 PENWOOD HEIGHTS is 110m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Penwood, based on EPC data. The below chart shows the distribution of detached houses by size in Penwood, and where 8 PENWOOD HEIGHTS lies on this distribution: 13% of detached houses are smaller than 8 PENWOOD HEIGHTS, and 87% of houses are larger. Note that EPC data is not available for all properties in Penwood.

8 PENWOOD HEIGHTS: Plot and Title Map

8 PENWOOD HEIGHTS sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 8 PENWOOD HEIGHTS, 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 PENWOOD HEIGHTS). 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 PENWOOD HEIGHTS?

8 PENWOOD HEIGHTS is located in PENWOOD, in the RG20 postcode district. The below map shows the position of No. 8 on PENWOOD HEIGHTS.