3, MIMOSA AVENUE, MINSTER ON SEA, SHEERNESS, ME12 3GL - £265,000

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

3 MIMOSA AVENUE is a midsized detached house of 117m², built sometime from 2007 onwards. It was last sold for £265,000 in November 2017, which was around 32% below the average November 2017 detached price in the Swale local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

3 MIMOSA AVENUE Sold Prices

Land registry data shows two sales for 3 MIMOSA AVENUE 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 3 MIMOSA AVENUE 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
2017 10 NOV	£265,000	£392,134	32% below HPI
2008 28 MAR	£245,000	£267,602	8% below HPI

3 MIMOSA AVENUE 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 3 MIMOSA AVENUE sales from March 2008 and November 2017 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 March 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 MIMOSA AVENUE?

3 MIMOSA AVENUE is 117m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 3 MIMOSA AVENUE lies on this distribution: 55% of detached houses are smaller than 3 MIMOSA AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Minster.

3 MIMOSA AVENUE: Plot and Title Map

3 MIMOSA AVENUE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 3 MIMOSA AVENUE, 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 3 MIMOSA AVENUE). 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 3 MIMOSA AVENUE?

3 MIMOSA AVENUE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 3 on MIMOSA AVENUE.