PENFOLD, LEGION LANE, KINGS WORTHY, WINCHESTER, SO23 7RA - £650,000

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

PENFOLD is a large extended detached house of 148m², built sometime between 1996 and 2002. It was last sold for £650,000 in December 2007, which was around 32% above the average December 2007 detached price in the Winchester local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

PENFOLD Sold Prices

Land registry data shows three sales for PENFOLD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. Two of the three PENFOLD sales were for above the average price, whilst one was 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
2007 21 DEC	£650,000	£491,261	32% above HPI
1998 9 DEC	£270,000	£190,450	42% above HPI
1998 4 JUN	£102,000	£183,009	44% below HPI

PENFOLD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The three PENFOLD sales between June 1998 and December 2007 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 December 1998 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the December 2007 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is PENFOLD?

PENFOLD is 148m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the largest 30% of detached houses in Springvale, based on EPC data. The below chart shows the distribution of detached houses by size in Springvale, and where PENFOLD lies on this distribution: 72% of detached houses are smaller than PENFOLD, and 28% of houses are larger. Note that EPC data is not available for all properties in Springvale.

PENFOLD: Plot and Title Map

PENFOLD sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of PENFOLD, 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 PENFOLD). 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 PENFOLD?

PENFOLD is located on LEGION LANE in KINGS WORTHY, in the SO23 postcode district. The below map shows the position of PENFOLD on LEGION LANE.