274, THE BROADWAY, MINSTER ON SEA, SHEERNESS, ME12 2DE - £123,995

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

274 THE BROADWAY is a large detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £513,519. It was last sold for £123,995 in July 1999, which was around 7% above the average July 1999 detached price in the Swale local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

274 THE BROADWAY Sold Prices

Land registry data shows two sales for 274 THE BROADWAY 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. One of the two 274 THE BROADWAY sales was for above the average price, whilst the other was 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
1999 16 JUL	£123,995	£115,624	7% above HPI
1997 1 AUG	£29,500	£92,030	68% below HPI

274 THE BROADWAY 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 274 THE BROADWAY sales from August 1997 and July 1999 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 August 1997 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the July 1999 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 274 THE BROADWAY be worth now?

274 THE BROADWAY might now be worth an estimated £513,519.

This is based on house price inflation of 314.1%, between July 1999 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 314.1% inflationary increase is applied to the most recent sale price for 274 THE BROADWAY of £123,995 on 16th July 1999. For the value to have increased from £123,995 to £513,519 over the 24 years and seven months to December 2024, the following assumptions must hold true:

• The value of 274 THE BROADWAY has moved in line with the HPI for detached houses in the Swale local authority area.
• The July 1999 sale price of £123,995 represented a fair market value for the property.
• The size, condition, and specification of 274 THE BROADWAY has not materially changed since July 1999.

How Large is 274 THE BROADWAY?

274 THE BROADWAY is 131m² according to the EPC inspection conducted in August 2022. This puts it in the largest 40% 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 274 THE BROADWAY lies on this distribution: 66% of detached houses houses are smaller than 274 THE BROADWAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Minster.

274 THE BROADWAY: Plot and Title Map

274 THE BROADWAY sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 274 THE BROADWAY, 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 274 THE BROADWAY). 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 274 THE BROADWAY?

274 THE BROADWAY is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 274 on THE BROADWAY.