Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
55 PANNELL DRIVE is a very large detached house of 168m², built sometime between 2003 and 2006. It was last sold for £340,000 in May 2016, which was around 7% below the average May 2016 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 55 PANNELL DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. Two of the three 55 PANNELL DRIVE 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 |
---|---|---|---|
2016 25 MAY | £340,000 | £366,203 | 7% below HPI |
2006 8 DEC | £270,995 | £285,485 | 5% below HPI |
2001 20 DEC | £165,000 | £161,022 | 2% above HPI |
The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The three 55 PANNELL DRIVE sales between December 2001 and May 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 December 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
55 PANNELL DRIVE is 168m² according to the EPC inspection conducted in August 2009. This puts it in the largest 20% of detached houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkinge, and where 55 PANNELL DRIVE lies on this distribution: 85% of detached houses are smaller than 55 PANNELL DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.
55 PANNELL DRIVE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 55 PANNELL DRIVE, 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 55 PANNELL DRIVE). 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.
55 PANNELL DRIVE is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 55 on PANNELL DRIVE.