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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PENLEE CLOSE is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £549,673. It was last sold for £290,000 in February 2011, which was around 44% 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	£519,157	44% below HPI
2002 24 OCT	£250,000	£384,386	35% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2011 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 8 PENLEE CLOSE be worth now?

8 PENLEE CLOSE might now be worth an estimated £549,673.

This is based on house price inflation of 89.5%, between February 2011 and February 2025, for detached houses, in the Sevenoaks local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 89.5% inflationary increase is applied to the most recent sale price for 8 PENLEE CLOSE of £290,000 on 22nd February 2011. For the value to have increased from £290,000 to £549,673 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 8 PENLEE CLOSE has moved in line with the HPI for detached houses in the Sevenoaks local authority area.
• The February 2011 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PENLEE CLOSE has not materially changed since February 2011.

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 houses in Edenbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edenbridge, and where 8 PENLEE CLOSE lies on this distribution: 8% of detached houses 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.