78 DRAKE AVENUE is a small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £315,000 in February 2021, which was around 25% below the average February 2021 detached price in the Swale local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 78 DRAKE AVENUE since 1st 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 78 DRAKE AVENUE 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 26 FEB | £315,000 | £419,269 | 25% below HPI |
2005 3 OCT | £185,000 | £245,896 | 25% below HPI |
1999 16 DEC | £95,000 | £121,186 | 22% below HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The three 78 DRAKE AVENUE sales between December 1999 and February 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 October 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, which was also at 25% below the HPI.
78 DRAKE AVENUE is 84m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 78 DRAKE AVENUE lies on this distribution: 22% of detached houses are smaller than 78 DRAKE AVENUE, and 77% of houses are larger. Note that EPC data is not available for all properties in Minster.
78 DRAKE AVENUE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 78 DRAKE AVENUE, 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 78 DRAKE AVENUE). 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.
78 DRAKE AVENUE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 78 on DRAKE AVENUE.