50, PENNY CRESS ROAD, MINSTER ON SEA, SHEERNESS, ME12 3AQ - £325,000

50 PENNY CRESS ROAD is a midsized detached house of 108m², built sometime between 2003 and 2006. It was last sold for £325,000 in June 2020, which was around 20% below the average June 2020 detached price in the Swale local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

50 PENNY CRESS ROAD Sold Prices

Land registry data shows three sales for 50 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. All of the three 50 PENNY CRESS ROAD sales were for below 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
2020 5 JUN	£325,000	£406,957	20% below HPI
2008 4 JUN	£245,000	£269,505	9% below HPI
2002 12 AUG	£172,000	£186,765	8% below HPI

50 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 50 PENNY CRESS ROAD sales between August 2002 and June 2020 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 June 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 50 PENNY CRESS ROAD?

50 PENNY CRESS ROAD is 108m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 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 50 PENNY CRESS ROAD lies on this distribution: 44% of detached houses are smaller than 50 PENNY CRESS ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Minster.

50 PENNY CRESS ROAD: Plot and Title Map

50 PENNY CRESS ROAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 50 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 50 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 50 PENNY CRESS ROAD?

50 PENNY CRESS ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 50 on PENNY CRESS ROAD.