34, PENNY CRESS ROAD, MINSTER ON SEA, SHEERNESS, ME12 3AQ - £294,000

34 PENNY CRESS ROAD is a small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £294,000 in December 2015, which was around 10% below the average December 2015 detached price in the Swale local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was D.

34 PENNY CRESS ROAD Sold Prices

Land registry data shows three sales for 34 PENNY CRESS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. One of the three 34 PENNY CRESS ROAD sales was for below the average price, whilst two 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
2015 11 DEC	£294,000	£325,752	10% below HPI
2006 10 AUG	£265,000	£253,583	5% above HPI
2002 25 NOV	£204,950	£194,851	5% above HPI

34 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 three 34 PENNY CRESS ROAD sales between November 2002 and December 2015 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 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 34 PENNY CRESS ROAD?

34 PENNY CRESS ROAD is 103m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 40% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 34 PENNY CRESS ROAD lies on this distribution: 40% of detached houses are smaller than 34 PENNY CRESS ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Minster.

34 PENNY CRESS ROAD: Plot and Title Map

34 PENNY CRESS ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 34 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 34 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 34 PENNY CRESS ROAD?

34 PENNY CRESS ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 34 on PENNY CRESS ROAD.