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

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.

POEMS is a very large detached house of 188m², built sometime between 1967 and 1975, which could now be worth an estimated £599,704. It was last sold for £545,000 in March 2021, which was around 19% 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 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
2021 19 MAR	£545,000	£457,843	19% above HPI
2007 22 JAN	£330,000	£281,918	17% above HPI
2004 2 JUL	£249,995	£254,476	2% below HPI
2001 7 SEP	£150,000	£162,974	8% below HPI
1999 28 OCT	£102,000	£121,232	16% 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might POEMS be worth now?

POEMS might now be worth an estimated £599,704.

This is based on house price inflation of 10%, between March 2021 and February 2025, for detached houses, in the Dover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10% inflationary increase is applied to the most recent sale price for POEMS of £545,000 on 19th March 2021. For the value to have increased from £545,000 to £599,704 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of POEMS has moved in line with the HPI for detached houses in the Dover local authority area.
• The March 2021 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of POEMS has not materially changed since March 2021.

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 houses in Alkham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alkham, and where POEMS lies on this distribution: 86% of detached houses houses are smaller than POEMS, and 14% 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.