Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
68 PENNY CRESS ROAD is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £220,000 in February 2014, which was around 21% below the average February 2014 detached price in the Swale local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 68 PENNY CRESS ROAD since 1st 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 68 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 |
---|---|---|---|
2014 7 FEB | £220,000 | £278,957 | 21% below HPI |
2003 26 SEP | £219,950 | £215,426 | 2% above HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 68 PENNY CRESS ROAD sales from September 2003 and February 2014 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 September 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
68 PENNY CRESS ROAD is 117m² according to the EPC inspection conducted in October 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 68 PENNY CRESS ROAD lies on this distribution: 55% of detached houses are smaller than 68 PENNY CRESS ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Minster.
68 PENNY CRESS ROAD sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 68 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 68 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.
68 PENNY CRESS ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 68 on PENNY CRESS ROAD.