PENNY PLAIN, HATCH LANE, CHARTHAM, CANTERBURY, CT4 7LN - £335,000

PENNY PLAIN is a very small detached house of 101m², built sometime between 1930 and 1949. It was last sold for £335,000 in August 2016, which was around 19% below the average August 2016 detached price in the Canterbury local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

PENNY PLAIN Sold Prices

Land registry data shows three sales for PENNY PLAIN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the three PENNY PLAIN 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
2016 31 AUG	£335,000	£411,183	19% below HPI
2014 12 MAY	£287,500	£337,366	15% below HPI
2002 26 JUL	£146,500	£183,784	20% below HPI

PENNY PLAIN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three PENNY PLAIN sales between July 2002 and August 2016 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 May 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is PENNY PLAIN?

PENNY PLAIN is 101m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Chartham, based on EPC data. The below chart shows the distribution of detached houses by size in Chartham, and where PENNY PLAIN lies on this distribution: 19% of detached houses are smaller than PENNY PLAIN, and 81% of houses are larger. Note that EPC data is not available for all properties in Chartham.

PENNY PLAIN: Plot and Title Map

PENNY PLAIN sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of PENNY PLAIN, 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 PENNY PLAIN). 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 PENNY PLAIN?

PENNY PLAIN is located on HATCH LANE in CHARTHAM, in the CT4 postcode district. The below map shows the position of PENNY PLAIN on HATCH LANE.