322, MINSTER ROAD, MINSTER ON SEA, SHEERNESS, ME12 3NR - £580,000

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

322 MINSTER ROAD is a very large extended detached house of 190m², built sometime between 1930 and 1949. It was last sold for £580,000 in May 2024, which was around 24% above the average May 2024 detached price in the Swale local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

322 MINSTER ROAD Sold Prices

Land registry data shows two sales for 322 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 322 MINSTER ROAD sales were for above 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
2024 31 MAY	£580,000	£468,526	24% above HPI
2013 15 JUL	£297,000	£254,788	17% above HPI

322 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 322 MINSTER ROAD sales from July 2013 and May 2024 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 2013 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2024 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 322 MINSTER ROAD?

322 MINSTER ROAD is 190m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 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 322 MINSTER ROAD lies on this distribution: 93% of detached houses are smaller than 322 MINSTER ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Minster.

322 MINSTER ROAD: Plot and Title Map

322 MINSTER ROAD sits on a plot of roughly 0.220 of an acre, or 888m². The below map shows the location of 322 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 322 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 322 MINSTER ROAD?

322 MINSTER ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 322 on MINSTER ROAD.