POEMS, SHORT LANE, ALKHAM, DOVER, CT15 7BZ - £545,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

POEMS is a very large detached house of 188m², built sometime between 1967 and 1975. It was last sold for £545,000 in March 2021, which was around 25% above the average March 2021 detached price in the Dover local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was A.

POEMS Sold Prices

Land registry data shows five sales for POEMS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dover local authority area for the corresponding sale date. Most of the five POEMS sales were 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
2021 19 MAR	£545,000	£434,528	25% above HPI
2007 22 JAN	£330,000	£267,561	23% above HPI
2004 2 JUL	£249,995	£241,517	4% above HPI
2001 7 SEP	£150,000	£154,675	3% below HPI
1999 28 OCT	£102,000	£115,058	11% below HPI

POEMS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dover local authority area over time, sourced from the HPI. The five POEMS sales between October 1999 and March 2021 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 January 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is POEMS?

POEMS is 188m² according to the EPC inspection conducted in August 2019. This puts it in the largest 20% of detached houses in Alkham, based on EPC data. The below chart shows the distribution of detached houses by size in Alkham, and where POEMS lies on this distribution: 85% of detached houses are smaller than POEMS, and 15% of houses are larger. Note that EPC data is not available for all properties in Alkham.

POEMS: Plot and Title Map

POEMS sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of POEMS, 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 POEMS). 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 POEMS?

POEMS is located on SHORT LANE in ALKHAM, in the CT15 postcode district. The below map shows the position of POEMS on SHORT LANE.