PENWOOD LODGE, PENWOOD, NEWBURY, RG20 9EX - £617,500

PENWOOD LODGE is a midsized extended detached house of 135m², built sometime before 1900. It was last sold for £617,500 in February 2022, which was around 7% above the average February 2022 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

PENWOOD LODGE Sold Prices

Land registry data shows two sales for PENWOOD LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Basingstoke and Deane local authority area for the corresponding sale date. Both of the two PENWOOD LODGE 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
2022 11 FEB	£617,500	£578,341	7% above HPI
1997 15 DEC	£195,000	£156,006	25% above HPI

PENWOOD LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The two PENWOOD LODGE sales from December 1997 and February 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 December 1997 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is PENWOOD LODGE?

PENWOOD LODGE is 135m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Penwood, based on EPC data. The below chart shows the distribution of detached houses by size in Penwood, and where PENWOOD LODGE lies on this distribution: 40% of detached houses are smaller than PENWOOD LODGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Penwood.

PENWOOD LODGE: Plot and Title Map

PENWOOD LODGE sits on a plot of roughly 0.232 of an acre, or 937m². The below map shows the location of PENWOOD LODGE, 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 PENWOOD LODGE). 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 PENWOOD LODGE?

PENWOOD LODGE is located in PENWOOD, in the RG20 postcode district. The below map shows the position of PENWOOD LODGE in PENWOOD.