1, RALEIGH WAY, MINSTER ON SEA, SHEERNESS, ME12 3BH - £130,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 RALEIGH WAY is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £130,000 in December 2010, which was around 49% below the average December 2010 detached price in the Swale local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

1 RALEIGH WAY Sold Prices

Land registry data shows five sales for 1 RALEIGH WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the five 1 RALEIGH WAY 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
2010 14 DEC	£130,000	£253,163	49% below HPI
2007 10 DEC	£168,500	£275,705	39% below HPI
2003 10 OCT	£125,995	£217,232	42% below HPI
2002 7 JUN	£93,750	£174,613	46% below HPI
1997 11 JUL	£53,500	£92,776	42% below HPI

1 RALEIGH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The five 1 RALEIGH WAY sales between July 1997 and December 2010 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 December 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2010 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 1 RALEIGH WAY?

1 RALEIGH WAY is 77m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Halfway Houses, based on EPC data. The below chart shows the distribution of detached houses by size in Halfway Houses, and where 1 RALEIGH WAY lies on this distribution: 13% of detached houses are smaller than 1 RALEIGH WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Halfway Houses.

1 RALEIGH WAY: Plot and Title Map

1 RALEIGH WAY sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 1 RALEIGH WAY, 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 1 RALEIGH WAY). 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 1 RALEIGH WAY?

1 RALEIGH WAY is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 1 on RALEIGH WAY.