Penny Lea - TA23 0JE
Key Street Insights
Penny Lea is a residential street with 9 addresses.
It ranks as the 162nd largest and 245th most expensive of the 512 streets in the TA23 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 9 properties: 6 houses and 3 other properties.
- Ave. Sale Price
- £303,931
- 10 Year change
- up 33.9%
- Ave. Rental Price
- £1,574pcm
- 10 Year change
- up 66.2%
- Ave. £ per ft²
- £268/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Street Insights
Penny Lea is a residential street with 9 addresses.
It ranks as the 162nd largest and 245th most expensive of the 512 streets in the TA23 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 9 properties: 6 houses and 3 other properties.
- Ave. Sale Price
- £303,931
- 10 Year change
- up 33.9%
- Ave. Rental Price
- £1,574pcm
- 10 Year change
- up 66.2%
- Ave. £ per ft²
- £268/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Properties on Penny Lea, Watchet, TA23
- 1B Penny Lea
House
- 1 Penny Lea
4 Bed Mid-century House
- 2 Penny Lea
2 Bed Mid-century House
- 3 Penny Lea
3 Bed Mid-century House
- 4 Penny Lea
House
Sales Market Trends
The last sale on Penny Lea sold for £306,000 on 22nd January 2020. Since then prices are up an average of 19.5%.
The current average value in the street is £303,931.
The Penny Lea Sales Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -0.6% | £303,931 |
| July 2025 | -1.9% | £305,675 |
| July 2024 | -1.8% | £311,473 |
| July 2023 | 1.2% | £317,330 |
| July 2022 | 9.3% | £313,620 |
| July 2021 | 9.1% | £286,832 |
| July 2020 | 2.3% | £262,791 |
| July 2019 | 3.7% | £256,835 |
| July 2018 | 6.2% | £247,734 |
| July 2017 | 2.7% | £233,212 |
| July 2016 | 4.9% | £227,041 |
| July 2015 | 3.4% | £216,495 |
| July 2014 | 1.6% | £209,420 |
| July 2013 | 2.2% | £206,112 |
| July 2012 | 0% | £201,583 |
| July 2011 | -3.2% | £201,541 |
| July 2010 | 5.4% | £208,185 |
| July 2009 | -8% | £197,476 |
| July 2008 | -2.9% | £214,750 |
| July 2007 | 0% | £221,261 |
Rental Market Trends
The current average rental value in the street is £1,574.
The Penny Lea Rental Market has increased by 66.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.6% | £1,574pcm |
| July 2025 | 3.6% | £1,534pcm |
| July 2024 | 5.8% | £1,481pcm |
| July 2023 | 7.1% | £1,400pcm |
| July 2022 | 14% | £1,307pcm |
| July 2021 | 10.2% | £1,147pcm |
| July 2020 | 0.7% | £1,040pcm |
| July 2019 | 3.4% | £1,032pcm |
| July 2018 | 0.5% | £999pcm |
| July 2017 | 5% | £994pcm |
| July 2016 | 2.2% | £947pcm |
| July 2015 | 0.9% | £927pcm |
| July 2014 | 0.8% | £919pcm |
| July 2013 | 1% | £912pcm |
| July 2012 | 2.2% | £903pcm |
| July 2011 | -0.5% | £883pcm |
| July 2010 | 5.2% | £888pcm |
| July 2009 | -6.3% | £844pcm |
| July 2008 | 1.8% | £901pcm |
| July 2007 | 0% | £885pcm |
Sales History
The last recorded sale was on 22nd January 2020 for £306,000 and since then the market in the area has increased by 19.5%.
Penny Lea, Watchet, TA23 has had 3 sales since 1995, none of them in the last three years.
- Sold Jan 2020£306,000 | 4 Bed House1, Penny Lea, Watchet, TA23 0JE1, Penny Lea, Watchet, TA23 0JE
- Sold May 2019£233,000 | 3 Bed House8, Penny Lea, Watchet, TA23 0JE8, Penny Lea, Watchet, TA23 0JE
- Sold Oct 2018£287,000 | 3 Bed House3, Penny Lea, Watchet, TA23 0JE3, Penny Lea, Watchet, TA23 0JE
Top 3 Most Expensive Sales
- Sold Jan 2020£306,000 | 4 Bed House1, Penny Lea, Watchet, TA23 0JE1, Penny Lea, Watchet, TA23 0JE
- Sold Oct 2018£287,000 | 3 Bed House3, Penny Lea, Watchet, TA23 0JE3, Penny Lea, Watchet, TA23 0JE
- Sold May 2019£233,000 | 3 Bed House8, Penny Lea, Watchet, TA23 0JE8, Penny Lea, Watchet, TA23 0JE
Nearby Streets
Penny Lea, Watchet, TA23 is the 162nd largest and the 245th most expensive street in the TA23 area.
- Risdon Road, Watchet, TA2340 Addresses|63 m away
- Stoate Close, Watchet, TA234 Addresses|74 m away
- Woodland Road, Watchet, TA2362 Addresses|108 m away
- Ingrams Meadow, Watchet, TA2330 Addresses|126 m away
- Grove Close, Watchet, TA2330 Addresses|143 m away
- Courtlands Close, Watchet, TA2323 Addresses|157 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- mid-century house (5)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (4)
Schools Nearby
- Knights Templar Community Church School & Nursery400 m away
- St Peter's Church of England First School1.0 km away
- Old Cleeve Church of England First School2.9 km away
- West Somerset College9.8 km away
- Kingsmead Academy15.2 km away
- Brymore Academy17.5 km away
More reading links
Public Transport Nearby
The closest station to Penny Lea, Watchet, TA23 - TA23 0JE is Taunton station, which is 23.0 kilometres away.
- Taunton|23.0 km away
- Rhoose Cardiff International Airport|23.6 km away
- Bridgwater|24.0 km away