140, THE BROADWAY, MINSTER ON SEA, SHEERNESS, ME12 2SB - £390,000

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.

140 THE BROADWAY is a very large extended detached house of 168m², built sometime between 1967 and 1975, which could now be worth an estimated £458,890. It was last sold for £390,000 in September 2019, which was around 3% below the average September 2019 detached price in the Swale local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

140 THE BROADWAY Sold Prices

Land registry data shows two sales for 140 THE BROADWAY 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 140 THE BROADWAY 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
2019 6 SEP	£390,000	£403,235	3% below HPI
2005 26 SEP	£195,000	£247,947	21% below HPI

140 THE BROADWAY 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 140 THE BROADWAY sales from September 2005 and September 2019 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 September 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 140 THE BROADWAY be worth now?

140 THE BROADWAY might now be worth an estimated £458,890.

This is based on house price inflation of 17.7%, between September 2019 and February 2025, 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 17.7% inflationary increase is applied to the most recent sale price for 140 THE BROADWAY of £390,000 on 6th September 2019. For the value to have increased from £390,000 to £458,890 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 140 THE BROADWAY has moved in line with the HPI for detached houses in the Swale local authority area.
• The September 2019 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 140 THE BROADWAY has not materially changed since September 2019.

How Large is 140 THE BROADWAY?

140 THE BROADWAY is 168m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% 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 140 THE BROADWAY lies on this distribution: 87% of detached houses houses are smaller than 140 THE BROADWAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Minster.

140 THE BROADWAY: Plot and Title Map

140 THE BROADWAY sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 140 THE BROADWAY, 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 140 THE BROADWAY). 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 140 THE BROADWAY?

140 THE BROADWAY is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 140 on THE BROADWAY.