40, CHENEY ROAD, MINSTER, RAMSGATE, CT12 4BG - £325,000

40 CHENEY ROAD is a very small detached house of 72m², built sometime between 2007 and 2011. It was last sold for £325,000 in April 2023, which was around 35% below the average April 2023 detached price in the Thanet local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

40 CHENEY ROAD Sold Prices

Land registry data shows two sales for 40 CHENEY 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 Thanet local authority area for the corresponding sale date. Both of the two 40 CHENEY 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
2023 11 APR	£325,000	£499,606	35% below HPI
2011 18 AUG	£200,000	£234,214	15% below HPI

40 CHENEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 40 CHENEY ROAD sales from August 2011 and April 2023 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 August 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 40 CHENEY ROAD?

40 CHENEY ROAD is 72m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 40 CHENEY ROAD lies on this distribution: 12% of detached houses are smaller than 40 CHENEY ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Minster.

40 CHENEY ROAD: Plot and Title Map

40 CHENEY ROAD sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 40 CHENEY 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 40 CHENEY 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 40 CHENEY ROAD?

40 CHENEY ROAD is located in MINSTER, in the CT12 postcode district. The below map shows the position of No. 40 on CHENEY ROAD.