2, FALCON GARDENS, MINSTER ON SEA, SHEERNESS, ME12 3QE - £375,000

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 FALCON GARDENS is a large extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £375,000 in August 2024, which was around 21% below the average August 2024 detached price in the Swale local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

2 FALCON GARDENS Sold Prices

Land registry data shows three sales for 2 FALCON GARDENS 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. Two of the three 2 FALCON GARDENS sales were for below the average price, whilst one was for above 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
2024 23 AUG	£375,000	£473,467	21% below HPI
2007 21 DEC	£250,000	£275,705	9% below HPI
2002 22 APR	£182,000	£164,454	11% above HPI

2 FALCON GARDENS 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 FALCON GARDENS sales between April 2002 and August 2024 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 FALCON GARDENS?

2 FALCON GARDENS is 132m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 2 FALCON GARDENS lies on this distribution: 66% of detached houses are smaller than 2 FALCON GARDENS, and 33% of houses are larger. Note that EPC data is not available for all properties in Minster.

2 FALCON GARDENS: Plot and Title Map

2 FALCON GARDENS sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 2 FALCON GARDENS, 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 FALCON GARDENS). 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 FALCON GARDENS?

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