114, SCRAPSGATE ROAD, MINSTER ON SEA, SHEERNESS, ME12 2DJ - £465,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

114 SCRAPSGATE ROAD is a large detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £479,489. It was last sold for £465,000 in June 2022, which was about the average June 2022 detached price in the Swale local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

114 SCRAPSGATE ROAD Sold Prices

Land registry data shows three sales for 114 SCRAPSGATE ROAD since 1^st 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. The three 114 SCRAPSGATE ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2022 24 JUN	£465,000	£464,381	Close to HPI
2015 18 NOV	£238,500	£321,894	26% below HPI
2004 6 SEP	£248,000	£238,861	4% above HPI

114 SCRAPSGATE ROAD 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 three 114 SCRAPSGATE ROAD sales between September 2004 and June 2022 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 November 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 114 SCRAPSGATE ROAD be worth now?

114 SCRAPSGATE ROAD might now be worth an estimated £479,489.

This is based on house price inflation of 3.1%, between June 2022 and December 2024, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% inflationary increase is applied to the most recent sale price for 114 SCRAPSGATE ROAD of £465,000 on 24th June 2022. For the value to have increased from £465,000 to £479,489 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 114 SCRAPSGATE ROAD has moved in line with the HPI for detached houses in the Swale local authority area.
• The June 2022 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 114 SCRAPSGATE ROAD has not materially changed since June 2022.

How Large is 114 SCRAPSGATE ROAD?

114 SCRAPSGATE ROAD is 127m² according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of detached houses houses in Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minster, and where 114 SCRAPSGATE ROAD lies on this distribution: 63% of detached houses houses are smaller than 114 SCRAPSGATE ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Minster.

114 SCRAPSGATE ROAD: Plot and Title Map

114 SCRAPSGATE ROAD sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 114 SCRAPSGATE ROAD, 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 114 SCRAPSGATE ROAD). 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 114 SCRAPSGATE ROAD?

114 SCRAPSGATE ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 114 on SCRAPSGATE ROAD.