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
29 RANELAGH ROAD is a midsized extended semi-detached house of 94m², built sometime before 1900. It was last sold for £120,000 in February 2008, which was around 56% below the average February 2008 detached price in the Swale local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 29 RANELAGH ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four 29 RANELAGH 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 |
---|---|---|---|
2008 8 FEB | £120,000 | £274,718 | 56% below HPI |
2005 1 SEP | £115,000 | £248,873 | 54% below HPI |
2002 31 MAY | £63,000 | £169,265 | 63% below HPI |
2001 28 SEP | £61,500 | £153,114 | 60% below HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The four 29 RANELAGH ROAD sales between September 2001 and February 2008 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 2005 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the February 2008 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.
29 RANELAGH ROAD is 94m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of detached houses in Sheerness, based on EPC data. The below chart shows the distribution of detached houses by size in Sheerness, and where 29 RANELAGH ROAD lies on this distribution: 49% of detached houses are smaller than 29 RANELAGH ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Sheerness.
29 RANELAGH ROAD sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 29 RANELAGH 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 29 RANELAGH 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.
29 RANELAGH ROAD is located in SHEERNESS, in the ME12 postcode district. The below map shows the position of No. 29 on RANELAGH ROAD.