57, PENNY CRESS ROAD, MINSTER ON SEA, SHEERNESS, ME12 3AN - £200,000

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

57 PENNY CRESS ROAD is a midsized detached house of 106m², built sometime between 1991 and 1995. It was last sold for £200,000 in April 2007, which was around 23% below the average April 2007 detached price in the Swale local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

57 PENNY CRESS ROAD Sold Prices

Land registry data shows three sales for 57 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 57 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
2007 13 APR	£200,000	£258,327	23% below HPI
2005 27 MAY	£200,000	£235,988	15% below HPI
2003 27 JUN	£197,950	£216,723	9% below HPI

57 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 57 PENNY CRESS ROAD sales between June 2003 and April 2007 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 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2007 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 57 PENNY CRESS ROAD?

57 PENNY CRESS ROAD is 106m² according to the EPC inspection conducted in May 2024. 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 57 PENNY CRESS ROAD lies on this distribution: 41% of detached houses are smaller than 57 PENNY CRESS ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Minster.

57 PENNY CRESS ROAD: Plot and Title Map

57 PENNY CRESS ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 57 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 57 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 57 PENNY CRESS ROAD?

57 PENNY CRESS ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 57 on PENNY CRESS ROAD.