24, SOUTHDOWN ROAD, MINSTER ON SEA, SHEERNESS, ME12 3BG - £295,000

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

24 SOUTHDOWN ROAD is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £295,000 in March 2022, which was around 36% below the average March 2022 detached price in the Swale local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

24 SOUTHDOWN ROAD Sold Prices

Land registry data shows two sales for 24 SOUTHDOWN ROAD 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 24 SOUTHDOWN 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
2022 25 MAR	£295,000	£457,861	36% below HPI
2012 18 DEC	£125,000	£249,839	50% below HPI

24 SOUTHDOWN 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 two 24 SOUTHDOWN ROAD sales from December 2012 and March 2022 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 2012 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2022 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 24 SOUTHDOWN ROAD?

24 SOUTHDOWN ROAD is 77m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses in Halfway Houses, based on EPC data. The below chart shows the distribution of detached houses by size in Halfway Houses, and where 24 SOUTHDOWN ROAD lies on this distribution: 13% of detached houses are smaller than 24 SOUTHDOWN ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Halfway Houses.

24 SOUTHDOWN ROAD: Plot and Title Map

24 SOUTHDOWN ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 24 SOUTHDOWN 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 24 SOUTHDOWN 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 24 SOUTHDOWN ROAD?

24 SOUTHDOWN ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 24 on SOUTHDOWN ROAD.