8, PENHALE WAY, TOTTON, SOUTHAMPTON, SO40 7JU - £420,000

8 PENHALE WAY is a small extended detached house of 83m², built sometime between 1991 and 1995. It was last sold for £420,000 in May 2023, which was around 28% below the average May 2023 detached price in the New Forest local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

8 PENHALE WAY Sold Prices

Land registry data shows four sales for 8 PENHALE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 8 PENHALE WAY 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 3 MAY	£420,000	£586,439	28% below HPI
2017 23 AUG	£350,000	£474,744	26% below HPI
1999 9 APR	£106,950	£139,807	24% below HPI
1997 7 FEB	£82,400	£108,004	24% below HPI

8 PENHALE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The four 8 PENHALE WAY sales between February 1997 and May 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 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 PENHALE WAY?

8 PENHALE WAY is 83m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 8 PENHALE WAY lies on this distribution: 28% of detached houses are smaller than 8 PENHALE WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Totton.

8 PENHALE WAY: Plot and Title Map

8 PENHALE WAY sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 8 PENHALE WAY, 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 8 PENHALE WAY). 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 8 PENHALE WAY?

8 PENHALE WAY is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 8 on PENHALE WAY.