PENNY COTTAGE, WANTAGE ROAD, GREAT SHEFFORD, HUNGERFORD, RG17 7DA - £515,000

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.

PENNY COTTAGE is a large extended detached house of 173m², which could now be worth an estimated £594,129. It was last sold for £515,000 in September 2018, which was around 16% below the average September 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

PENNY COTTAGE Sold Prices

Land registry data shows three sales for PENNY 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 West Berkshire local authority area for the corresponding sale date. Two of the three PENNY COTTAGE sales were for below the average price, whilst one was 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
2018 14 SEP	£515,000	£609,618	16% below HPI
2011 3 NOV	£335,000	£420,628	20% below HPI
1999 7 JAN	£202,500	£184,442	10% above HPI

PENNY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three PENNY COTTAGE sales between January 1999 and September 2018 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 November 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might PENNY COTTAGE be worth now?

PENNY COTTAGE might now be worth an estimated £594,129.

This is based on house price inflation of 15.4%, between September 2018 and February 2025, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.4% inflationary increase is applied to the most recent sale price for PENNY COTTAGE of £515,000 on 14th September 2018. For the value to have increased from £515,000 to £594,129 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of PENNY COTTAGE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The September 2018 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of PENNY COTTAGE has not materially changed since September 2018.

How Large is PENNY COTTAGE?

PENNY COTTAGE is 173m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses houses in Great Shefford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Shefford, and where PENNY COTTAGE lies on this distribution: 78% of detached houses houses are smaller than PENNY COTTAGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Great Shefford.

PENNY COTTAGE: Plot and Title Map

PENNY COTTAGE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of PENNY 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 PENNY 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 PENNY COTTAGE?

PENNY COTTAGE is located on WANTAGE ROAD in GREAT SHEFFORD, in the RG17 postcode district. The below map shows the position of PENNY COTTAGE on WANTAGE ROAD.