16, SCRAPSGATE ROAD, MINSTER ON SEA, SHEERNESS, ME12 2EE - £290,000

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

16 SCRAPSGATE ROAD is a very small extended detached house of 73m², built sometime between 1967 and 1975. It was last sold for £290,000 in March 2021, which was around 30% below the average March 2021 detached price in the Swale local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

16 SCRAPSGATE ROAD Sold Prices

Land registry data shows three sales for 16 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. All of the three 16 SCRAPSGATE ROAD 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 MAR	£290,000	£414,287	30% below HPI
2016 9 SEP	£215,000	£351,928	39% below HPI
2011 21 JAN	£130,000	£254,308	49% below HPI

16 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 16 SCRAPSGATE ROAD sales between January 2011 and March 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 September 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 SCRAPSGATE ROAD?

16 SCRAPSGATE ROAD is 73m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 16 SCRAPSGATE ROAD lies on this distribution: 11% of detached houses are smaller than 16 SCRAPSGATE ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Minster.

16 SCRAPSGATE ROAD: Plot and Title Map

16 SCRAPSGATE ROAD sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 16 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 16 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 16 SCRAPSGATE ROAD?

16 SCRAPSGATE ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 16 on SCRAPSGATE ROAD.