11, NORWOOD RISE, MINSTER ON SEA, SHEERNESS, ME12 2JE - £245,000

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

11 NORWOOD RISE is a large extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £245,000 in April 2014, which was around 11% below the average April 2014 detached price in the Swale local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

11 NORWOOD RISE Sold Prices

Land registry data shows two sales for 11 NORWOOD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Both of the two 11 NORWOOD RISE 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
2014 15 APR	£245,000	£275,698	11% below HPI
1995 11 DEC	£77,000	£82,506	7% below HPI

11 NORWOOD RISE 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 two 11 NORWOOD RISE sales from December 1995 and April 2014 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 1995 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 11 NORWOOD RISE?

11 NORWOOD RISE is 137m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 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 11 NORWOOD RISE lies on this distribution: 71% of detached houses are smaller than 11 NORWOOD RISE, and 29% of houses are larger. Note that EPC data is not available for all properties in Minster.

11 NORWOOD RISE: Plot and Title Map

11 NORWOOD RISE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 11 NORWOOD RISE, 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 11 NORWOOD RISE). 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 11 NORWOOD RISE?

11 NORWOOD RISE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 11 on NORWOOD RISE.