31, GLENWOOD DRIVE, MINSTER ON SEA, SHEERNESS, ME12 2JS - £280,000

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

31 GLENWOOD DRIVE is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £280,000 in August 2020, which was around 31% below the average August 2020 detached price in the Swale local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was D.

31 GLENWOOD DRIVE Sold Prices

Land registry data shows two sales for 31 GLENWOOD DRIVE 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 31 GLENWOOD DRIVE 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
2020 7 AUG	£280,000	£407,690	31% below HPI
1998 4 SEP	£66,000	£103,323	36% below HPI

31 GLENWOOD DRIVE 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 31 GLENWOOD DRIVE sales from September 1998 and August 2020 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 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 31 GLENWOOD DRIVE?

31 GLENWOOD DRIVE is 70m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 31 GLENWOOD DRIVE lies on this distribution: 9% of detached houses are smaller than 31 GLENWOOD DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Minster.

31 GLENWOOD DRIVE: Plot and Title Map

31 GLENWOOD DRIVE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 31 GLENWOOD DRIVE, 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 31 GLENWOOD DRIVE). 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 31 GLENWOOD DRIVE?

31 GLENWOOD DRIVE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 31 on GLENWOOD DRIVE.