15, PENNY CRESS ROAD, MINSTER ON SEA, SHEERNESS, ME12 3AN - £215,000

15 PENNY CRESS ROAD is a midsized detached house of 113m², built sometime between 1996 and 2002. It was last sold for £215,000 in June 2013, which was around 17% below the average June 2013 detached price in the Swale local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

15 PENNY CRESS ROAD Sold Prices

Land registry data shows two sales for 15 PENNY CRESS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. One of the two 15 PENNY CRESS ROAD sales was for below the average price, whilst the other was 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
2013 7 JUN	£215,000	£258,241	17% below HPI
2002 31 JAN	£161,950	£160,026	1% above HPI

15 PENNY CRESS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 15 PENNY CRESS ROAD sales from January 2002 and June 2013 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 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2013 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 PENNY CRESS ROAD?

15 PENNY CRESS ROAD is 113m² according to the EPC inspection conducted in March 2013. This puts it in the largest 50% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 15 PENNY CRESS ROAD lies on this distribution: 51% of detached houses are smaller than 15 PENNY CRESS ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Minster.

15 PENNY CRESS ROAD: Plot and Title Map

15 PENNY CRESS ROAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 15 PENNY CRESS ROAD, 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 15 PENNY CRESS ROAD). 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 15 PENNY CRESS ROAD?

15 PENNY CRESS ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 15 on PENNY CRESS ROAD.