THE GRAPES, PENALLY, TENBY, SA70 7PY - £129,392

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

THE GRAPES is a very small extended detached house of 40m², built sometime before 1900. It was last sold for £129,392 in June 2023, which was around 58% below the average June 2023 detached price in the Pembrokeshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

THE GRAPES Sold Prices

Land registry data shows two sales for THE GRAPES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pembrokeshire local authority area for the corresponding sale date. Both of the two THE GRAPES 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
2023 30 JUN	£129,392	£305,280	58% below HPI
2015 29 MAY	£110,000	£212,888	48% below HPI

THE GRAPES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pembrokeshire local authority area over time, sourced from the HPI. The two THE GRAPES sales from May 2015 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 May 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2023 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is THE GRAPES?

THE GRAPES is 40m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Penally, based on EPC data. The below chart shows the distribution of detached houses by size in Penally, and where THE GRAPES lies on this distribution: Less than 1% of detached houses are smaller than THE GRAPES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Penally.

THE GRAPES: Plot and Title Map

THE GRAPES sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of THE GRAPES, 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 THE GRAPES). 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 THE GRAPES?

THE GRAPES is located in PENALLY, in the SA70 postcode district. The below map shows the position of THE GRAPES in PENALLY.