237, MINSTER ROAD, MINSTER ON SEA, SHEERNESS, ME12 3LH - £179,000

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

237 MINSTER ROAD is a very small detached house of 60m², built sometime between 1930 and 1949. It was last sold for £179,000 in February 2021, which was around 57% below the average February 2021 detached price in the Swale local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was B.

237 MINSTER ROAD Sold Prices

Land registry data shows three sales for 237 MINSTER ROAD 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 237 MINSTER 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
2021 26 FEB	£179,000	£419,269	57% below HPI
2003 6 FEB	£120,500	£201,953	40% below HPI
2000 1 SEP	£73,500	£134,404	45% below HPI

237 MINSTER ROAD 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 237 MINSTER ROAD sales between September 2000 and February 2021 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 February 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2021 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 237 MINSTER ROAD?

237 MINSTER ROAD is 60m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 237 MINSTER ROAD lies on this distribution: 3% of detached houses are smaller than 237 MINSTER ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Minster.

237 MINSTER ROAD: Plot and Title Map

237 MINSTER ROAD sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 237 MINSTER 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 237 MINSTER 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 237 MINSTER ROAD?

237 MINSTER ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 237 on MINSTER ROAD.