8, PENLEE CLOSE, EDENBRIDGE, TN8 5NA - £290,000

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

8 PENLEE CLOSE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £290,000 in February 2011, which was around 41% below the average February 2011 detached price in the Sevenoaks local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

8 PENLEE CLOSE Sold Prices

Land registry data shows two sales for 8 PENLEE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. Both of the two 8 PENLEE CLOSE 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
2011 22 FEB	£290,000	£492,841	41% below HPI
2002 24 OCT	£250,000	£364,901	31% below HPI

8 PENLEE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The two 8 PENLEE CLOSE sales from October 2002 and February 2011 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 October 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2011 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 PENLEE CLOSE?

8 PENLEE CLOSE is 76m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses in Edenbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Edenbridge, and where 8 PENLEE CLOSE lies on this distribution: 8% of detached houses are smaller than 8 PENLEE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Edenbridge.

8 PENLEE CLOSE: Plot and Title Map

8 PENLEE CLOSE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 8 PENLEE CLOSE, 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 PENLEE CLOSE). 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 8 PENLEE CLOSE?

8 PENLEE CLOSE is located in EDENBRIDGE, in the TN8 postcode district. The below map shows the position of No. 8 on PENLEE CLOSE.