PENNY ROYAL, READING ROAD NORTH, FLEET, GU51 4AD - £1,075,000

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

PENNY ROYAL is a large extended detached house of 173m², built sometime between 1930 and 1949. It was last sold for £1,075,000 in June 2023, which was around 48% above the average June 2023 detached price in the Hart local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

PENNY ROYAL Sold Prices

Land registry data shows three sales for PENNY ROYAL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hart local authority area for the corresponding sale date. All of the three PENNY ROYAL sales were 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
2023 23 JUN	£1,075,000	£726,804	48% above HPI
2007 7 AUG	£605,000	£435,949	39% above HPI
1997 9 JUL	£279,950	£170,995	64% above HPI

PENNY ROYAL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hart local authority area over time, sourced from the HPI. The three PENNY ROYAL sales between July 1997 and June 2023 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 2007 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2023 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is PENNY ROYAL?

PENNY ROYAL is 173m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Fleet, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet, and where PENNY ROYAL lies on this distribution: 78% of detached houses are smaller than PENNY ROYAL, and 21% of houses are larger. Note that EPC data is not available for all properties in Fleet.

PENNY ROYAL: Plot and Title Map

PENNY ROYAL sits on a plot of roughly 0.333 of an acre, or 1,348m². The below map shows the location of PENNY ROYAL, 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 ROYAL). 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 ROYAL?

PENNY ROYAL is located on READING ROAD NORTH in FLEET, in the GU51 postcode district. The below map shows the position of PENNY ROYAL on READING ROAD NORTH.