PENNYMEAD, SCHOOL LANE, DENMEAD, WATERLOOVILLE, PO7 6LY - £480,000

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

PENNYMEAD is a midsized detached house of 121m², built sometime between 1950 and 1966. It was last sold for £480,000 in December 2020, which was around 32% below the average December 2020 detached price in the Winchester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

PENNYMEAD Sold Prices

Land registry data shows three sales for PENNYMEAD 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 PENNYMEAD 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
2020 3 DEC	£480,000	£710,457	32% below HPI
2002 30 AUG	£380,000	£326,465	16% above HPI
2001 12 OCT	£230,000	£291,819	21% below HPI

PENNYMEAD 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 PENNYMEAD sales between October 2001 and December 2020 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 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is PENNYMEAD?

PENNYMEAD is 121m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Denmead, based on EPC data. The below chart shows the distribution of detached houses by size in Denmead, and where PENNYMEAD lies on this distribution: 46% of detached houses are smaller than PENNYMEAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Denmead.

PENNYMEAD: Plot and Title Map

PENNYMEAD sits on a plot of roughly 0.239 of an acre, or 966m². The below map shows the location of PENNYMEAD, 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 PENNYMEAD). 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 PENNYMEAD?

PENNYMEAD is located on SCHOOL LANE in DENMEAD, in the PO7 postcode district. The below map shows the position of PENNYMEAD on SCHOOL LANE.