| Country: | England |
| Official Name: | Penwood |
| Coordinates: | 51.3524°N -1.3583°W |
| Shire District: | Basingstoke and Deane |
| Shire County: | Hampshire |
| Region: | South East England |
| Constituency Westminster: | Basingstoke |
| Post Town: | BASINGSTOKE |
| Postcode Area: | RG |
| Postcode District: | RG20 9 |
| Os Grid Reference: | SU4478661674 |
Penwood is a village in the civil parish of Highclere in the Basingstoke and Deane district of Hampshire, England. Its nearest town is Newbury, which lies approximately 4.1 miles (6.4 km) north-east from the village.Penwood has three main housing estates: Penwood Heights, Woodlands and Heathlands. There is a small shop in the village.