23, OAK AVENUE, MINSTER ON SEA, SHEERNESS, ME12 3QT - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 OAK AVENUE is a large extended detached house of 149m², built sometime between 1967 and 1975. It was last sold for £320,000 in July 2015, which was around 4% above the average July 2015 detached price in the Swale local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

23 OAK AVENUE Sold Prices

Land registry data shows three sales for 23 OAK AVENUE 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 23 OAK AVENUE 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
2015 22 JUL	£320,000	£308,506	4% above HPI
2004 21 MAY	£249,995	£226,131	11% above HPI
2001 24 MAY	£158,000	£143,248	10% above HPI

23 OAK AVENUE 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 23 OAK AVENUE sales between May 2001 and July 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 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 23 OAK AVENUE be worth now?

23 OAK AVENUE might now be worth an estimated £496,692.

This is based on house price inflation of 55.2%, between July 2015 and December 2024, for 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 55.2% inflationary increase is applied to the most recent sale price for 23 OAK AVENUE of £320,000 on 22nd July 2015. For the value to have increased from £320,000 to £496,692 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 23 OAK AVENUE has moved in line with the HPI for detached houses in the Swale local authority area.
• The July 2015 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 23 OAK AVENUE has not materially changed since July 2015.

How Large is 23 OAK AVENUE?

23 OAK AVENUE is 149m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses houses in Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minster, and where 23 OAK AVENUE lies on this distribution: 76% of detached houses houses are smaller than 23 OAK AVENUE, and 24% of houses are larger. Note that EPC data is not available for all properties in Minster.

23 OAK AVENUE: Plot and Title Map

23 OAK AVENUE sits on a plot of roughly 0.255 of an acre, or 1,033m². The below map shows the location of 23 OAK AVENUE, 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 OAK AVENUE). 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 OAK AVENUE?

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