21, THE LEAS, MINSTER ON SEA, SHEERNESS, ME12 2NL - £365,000

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

21 THE LEAS is a large detached house of 154m², built sometime between 1976 and 1982. It was last sold for £365,000 in November 2011, which was around 45% above the average November 2011 detached price in the Swale local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

21 THE LEAS Sold Prices

Land registry data shows two sales for 21 THE LEAS 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 21 THE LEAS sales were 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
2011 4 NOV	£365,000	£251,923	45% above HPI
2007 3 DEC	£335,000	£275,705	22% above HPI

21 THE LEAS 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 21 THE LEAS sales from December 2007 and November 2011 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 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2011 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 21 THE LEAS?

21 THE LEAS is 154m² according to the EPC inspection conducted in February 2011. This puts it in the largest 30% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 21 THE LEAS lies on this distribution: 80% of detached houses are smaller than 21 THE LEAS, and 20% of houses are larger. Note that EPC data is not available for all properties in Minster.

21 THE LEAS: Plot and Title Map

21 THE LEAS sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 21 THE LEAS, 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 21 THE LEAS). 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 21 THE LEAS?

21 THE LEAS is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 21 on THE LEAS.