292, MINSTER ROAD, MINSTER ON SEA, SHEERNESS, ME12 3NR - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

292 MINSTER ROAD is a large detached house of 132m², built sometime between 1950 and 1966, which could now be worth an estimated £343,803. It was last sold for £290,000 in December 2019, which was around 28% below the average December 2019 detached price in the Swale local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

292 MINSTER ROAD Sold Prices

Land registry data shows two sales for 292 MINSTER 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 292 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
2019 5 DEC	£290,000	£400,213	28% below HPI
2007 19 JUL	£216,000	£267,695	19% below HPI

292 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 two 292 MINSTER ROAD sales from July 2007 and December 2019 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 July 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 292 MINSTER ROAD be worth now?

292 MINSTER ROAD might now be worth an estimated £343,803.

This is based on house price inflation of 18.6%, between December 2019 and February 2025, 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 18.6% inflationary increase is applied to the most recent sale price for 292 MINSTER ROAD of £290,000 on 5th December 2019. For the value to have increased from £290,000 to £343,803 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 292 MINSTER ROAD has moved in line with the HPI for detached houses in the Swale local authority area.
• The December 2019 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 292 MINSTER ROAD has not materially changed since December 2019.

How Large is 292 MINSTER ROAD?

292 MINSTER ROAD is 132m² according to the EPC inspection conducted in July 2018. 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 292 MINSTER ROAD lies on this distribution: 66% of detached houses houses are smaller than 292 MINSTER ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Minster.

292 MINSTER ROAD: Plot and Title Map

292 MINSTER ROAD sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 292 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 292 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 292 MINSTER ROAD?

292 MINSTER ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 292 on MINSTER ROAD.