2, BUDDLE DRIVE, MINSTER ON SEA, SHEERNESS, ME12 3EP - £405,000

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

2 BUDDLE DRIVE is a midsized detached house of 93m², built sometime between 1996 and 2002. It was last sold for £405,000 in December 2023, which was around 14% below the average December 2023 detached price in the Swale local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

2 BUDDLE DRIVE Sold Prices

Land registry data shows three sales for 2 BUDDLE DRIVE 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 2 BUDDLE DRIVE 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
2023 18 DEC	£405,000	£471,175	14% below HPI
2011 16 MAR	£183,500	£247,851	26% below HPI
1998 4 DEC	£92,500	£105,489	12% below HPI

2 BUDDLE DRIVE 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 2 BUDDLE DRIVE sales between December 1998 and December 2023 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 March 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 BUDDLE DRIVE?

2 BUDDLE DRIVE is 93m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% 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 2 BUDDLE DRIVE lies on this distribution: 43% of detached houses are smaller than 2 BUDDLE DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Halfway Houses.

2 BUDDLE DRIVE: Plot and Title Map

2 BUDDLE DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 2 BUDDLE DRIVE, 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 2 BUDDLE DRIVE). 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 2 BUDDLE DRIVE?

2 BUDDLE DRIVE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 2 on BUDDLE DRIVE.