8 PENNY CRESS ROAD is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £300,000 in December 2019, which was around 25% below the average December 2019 detached price in the Swale local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 PENNY CRESS ROAD since 1st 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. Two of the three 8 PENNY CRESS ROAD sales were for below the average price, whilst one 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 |
---|---|---|---|
2019 5 DEC | £300,000 | £401,707 | 25% below HPI |
2006 11 JUL | £200,000 | £253,357 | 21% below HPI |
2000 25 OCT | £152,000 | £137,649 | 10% above HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The three 8 PENNY CRESS ROAD sales between October 2000 and December 2019 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 July 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
8 PENNY CRESS ROAD is 109m², which includes one extension, according to the EPC inspection conducted in April 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 8 PENNY CRESS ROAD lies on this distribution: 45% of detached houses are smaller than 8 PENNY CRESS ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Minster.
8 PENNY CRESS ROAD sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 8 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 8 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.
8 PENNY CRESS ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 8 on PENNY CRESS ROAD.