23, NEW ROAD, MINSTER ON SEA, SHEERNESS, ME12 3PX - £127,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 NEW ROAD is a small semi-detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £247,018. It was last sold for £127,500 in December 2009, which was around 22% below the average December 2009 semi-detached price in the Swale local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

23 NEW ROAD Sold Prices

Land registry data shows two sales for 23 NEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Swale local authority area for the corresponding sale date. Both of the two 23 NEW 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
2009 21 DEC	£127,500	£163,659	22% below HPI
1998 21 SEP	£51,500	£64,688	20% below HPI

23 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Swale local authority area over time, sourced from the HPI. The two 23 NEW ROAD sales from September 1998 and December 2009 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 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2009 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 23 NEW ROAD be worth now?

23 NEW ROAD might now be worth an estimated £247,018.

This is based on house price inflation of 93.7%, between December 2009 and February 2025, for semi-detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 93.7% inflationary increase is applied to the most recent sale price for 23 NEW ROAD of £127,500 on 21st December 2009. For the value to have increased from £127,500 to £247,018 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 NEW ROAD has moved in line with the HPI for semi-detached houses in the Swale local authority area.
• The December 2009 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 23 NEW ROAD has not materially changed since December 2009.

How Large is 23 NEW ROAD?

23 NEW ROAD is 91m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of semi-detached houses houses in Minster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Minster, and where 23 NEW ROAD lies on this distribution: 28% of semi-detached houses houses are smaller than 23 NEW ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Minster.

23 NEW ROAD: Plot and Title Map

23 NEW ROAD sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 23 NEW 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 23 NEW 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 23 NEW ROAD?

23 NEW ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 23 on NEW ROAD.