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 JEFFERSON ROAD is a large detached house of 120m², built sometime between 1900 and 1929. It was last sold for £153,000 in September 2015, which was around 52% below the average September 2015 detached price in the Swale local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 2 JEFFERSON ROAD since 1st 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 JEFFERSON 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 |
---|---|---|---|
2015 22 SEP | £153,000 | £317,905 | 52% below HPI |
2014 2 MAY | £165,000 | £276,578 | 40% below HPI |
2007 29 JUN | £167,500 | £258,042 | 35% below HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The three 2 JEFFERSON ROAD sales between June 2007 and September 2015 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 May 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2015 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
2 JEFFERSON ROAD is 120m² according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses in Sheerness, based on EPC data. The below chart shows the distribution of detached houses by size in Sheerness, and where 2 JEFFERSON ROAD lies on this distribution: 76% of detached houses are smaller than 2 JEFFERSON ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Sheerness.
2 JEFFERSON ROAD sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 2 JEFFERSON 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 2 JEFFERSON 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.
2 JEFFERSON ROAD is located in SHEERNESS, in the ME12 postcode district. The below map shows the position of No. 2 on JEFFERSON ROAD.