PENNINGS COTTAGE, ALDERSHOT ROAD, GUILDFORD, GU3 3AA - £597,450

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

PENNINGS COTTAGE is a small extended detached house of 117m², built sometime before 1900. It was last sold for £597,450 in March 2022, which was around 31% below the average March 2022 detached price in the Guildford local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

PENNINGS COTTAGE Sold Prices

Land registry data shows three sales for PENNINGS COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the three PENNINGS COTTAGE 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 25 MAR	£597,450	£870,130	31% below HPI
2016 21 OCT	£472,000	£779,508	39% below HPI
2007 25 MAY	£317,500	£513,233	38% below HPI

PENNINGS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The three PENNINGS COTTAGE sales between May 2007 and March 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 October 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is PENNINGS COTTAGE?

PENNINGS COTTAGE is 117m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses by size in Guildford, and where PENNINGS COTTAGE lies on this distribution: 35% of detached houses are smaller than PENNINGS COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Guildford.

PENNINGS COTTAGE: Plot and Title Map

PENNINGS COTTAGE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of PENNINGS COTTAGE, 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 PENNINGS COTTAGE). 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 PENNINGS COTTAGE?

PENNINGS COTTAGE is located on ALDERSHOT ROAD in GUILDFORD, in the GU3 postcode district. The below map shows the position of PENNINGS COTTAGE on ALDERSHOT ROAD.