18, PENNINGTON CLOSE, COLDEN COMMON, WINCHESTER, SO21 1UR - £265,000

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.

18 PENNINGTON CLOSE is a very small terraced house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £265,969. It was last sold for £265,000 in July 2022, which was around 34% below the average July 2022 terraced price in the Winchester local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

18 PENNINGTON CLOSE Sold Prices

Land registry data shows two sales for 18 PENNINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Winchester local authority area for the corresponding sale date. Both of the two 18 PENNINGTON CLOSE 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
2022 22 JUL	£265,000	£399,638	34% below HPI
1995 7 JAN	£52,870	£67,007	21% below HPI

18 PENNINGTON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Winchester local authority area over time, sourced from the HPI. The two 18 PENNINGTON CLOSE sales from January 1995 and July 2022 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 January 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 18 PENNINGTON CLOSE be worth now?

18 PENNINGTON CLOSE might now be worth an estimated £265,969.

This is based on house price inflation of 0.4%, between July 2022 and May 2026, for terraced houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% inflationary increase is applied to the most recent sale price for 18 PENNINGTON CLOSE of £265,000 on 22nd July 2022. For the value to have increased from £265,000 to £265,969 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 18 PENNINGTON CLOSE has moved in line with the HPI for terraced houses in the Winchester local authority area.
• The July 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PENNINGTON CLOSE has not materially changed since July 2022.

How Large is 18 PENNINGTON CLOSE?

18 PENNINGTON CLOSE is 60m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of terraced houses houses in Colden Common, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colden Common, and where 18 PENNINGTON CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 18 PENNINGTON CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colden Common.

18 PENNINGTON CLOSE: Plot and Title Map

18 PENNINGTON CLOSE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 18 PENNINGTON CLOSE, 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 18 PENNINGTON CLOSE). 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 18 PENNINGTON CLOSE?

18 PENNINGTON CLOSE is located in COLDEN COMMON, in the SO21 postcode district. The below map shows the position of No. 18 on PENNINGTON CLOSE.