378, MINSTER ROAD, MINSTER ON SEA, SHEERNESS, ME12 3PA - £265,500

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.

378 MINSTER ROAD is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £277,990. It was last sold for £265,500 in August 2024, which was around 41% below the average August 2024 detached price in the Swale local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

378 MINSTER ROAD Sold Prices

Land registry data shows five sales for 378 MINSTER ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the five 378 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
2024 29 AUG	£265,500	£453,146	41% below HPI
2019 3 JUN	£232,250	£392,816	41% below HPI
2010 29 JUL	£180,000	£258,088	30% below HPI
2000 18 FEB	£78,000	£122,955	37% below HPI
1996 4 MAR	£50,000	£81,717	39% below HPI

378 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 five 378 MINSTER ROAD sales between March 1996 and August 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 June 2019 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2024 sale, which was also at 41% below the HPI.

What might 378 MINSTER ROAD be worth now?

378 MINSTER ROAD might now be worth an estimated £277,990.

This is based on house price inflation of 4.7%, between August 2024 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 4.7% inflationary increase is applied to the most recent sale price for 378 MINSTER ROAD of £265,500 on 29th August 2024. For the value to have increased from £265,500 to £277,990 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 378 MINSTER ROAD has moved in line with the HPI for detached houses in the Swale local authority area.
• The August 2024 sale price of £265,500 represented a fair market value for the property.
• The size, condition, and specification of 378 MINSTER ROAD has not materially changed since August 2024.

How Large is 378 MINSTER ROAD?

378 MINSTER ROAD is 72m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% 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 378 MINSTER ROAD lies on this distribution: 10% of detached houses houses are smaller than 378 MINSTER ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Minster.

378 MINSTER ROAD: Plot and Title Map

378 MINSTER ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 378 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 378 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 378 MINSTER ROAD?

378 MINSTER ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 378 on MINSTER ROAD.