16, PENMON DRIVE, WIRRAL, CH61 5UJ - £199,950

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.

16 PENMON DRIVE is a very small semi-detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £329,840. It was last sold for £199,950 in December 2013, which was around 40% above the average December 2013 semi-detached price in the Wirral local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

16 PENMON DRIVE Sold Prices

Land registry data shows four sales for 16 PENMON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wirral local authority area for the corresponding sale date. All of the four 16 PENMON DRIVE 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
2013 2 DEC	£199,950	£142,942	40% above HPI
2007 6 AUG	£183,000	£159,044	15% above HPI
2004 18 FEB	£154,000	£109,087	41% above HPI
2003 31 OCT	£115,000	£103,597	11% above HPI

16 PENMON DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wirral local authority area over time, sourced from the HPI. The four 16 PENMON DRIVE sales between October 2003 and December 2013 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2013 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 16 PENMON DRIVE be worth now?

16 PENMON DRIVE might now be worth an estimated £329,840.

This is based on house price inflation of 65%, between December 2013 and February 2025, for semi-detached houses, in the Wirral local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65% inflationary increase is applied to the most recent sale price for 16 PENMON DRIVE of £199,950 on 2nd December 2013. For the value to have increased from £199,950 to £329,840 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 PENMON DRIVE has moved in line with the HPI for semi-detached houses in the Wirral local authority area.
• The December 2013 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 16 PENMON DRIVE has not materially changed since December 2013.

How Large is 16 PENMON DRIVE?

16 PENMON DRIVE is 90m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of semi-detached houses houses in Heswall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Heswall, and where 16 PENMON DRIVE lies on this distribution: 15% of semi-detached houses houses are smaller than 16 PENMON DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Heswall.

16 PENMON DRIVE: Plot and Title Map

16 PENMON DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 16 PENMON DRIVE, 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 16 PENMON DRIVE). 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 16 PENMON DRIVE?

16 PENMON DRIVE is located in WIRRAL, in the CH61 postcode district. The below map shows the position of No. 16 on PENMON DRIVE.