40, WOODLAND DRIVE, MINSTER ON SEA, SHEERNESS, ME12 2RU - £295,000

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

40 WOODLAND DRIVE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £295,000 in June 2024, which was around 39% below the average June 2024 detached price in the Swale local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

40 WOODLAND DRIVE Sold Prices

Land registry data shows two sales for 40 WOODLAND 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 40 WOODLAND 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
2024 21 JUN	£295,000	£485,169	39% below HPI
2007 4 MAY	£212,000	£260,436	19% below HPI

40 WOODLAND 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 40 WOODLAND DRIVE sales from May 2007 and June 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 May 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 40 WOODLAND DRIVE?

40 WOODLAND DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% 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 WOODLAND DRIVE lies on this distribution: 26% of detached houses are smaller than 40 WOODLAND DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Minster.

40 WOODLAND DRIVE: Plot and Title Map

40 WOODLAND DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 40 WOODLAND 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 40 WOODLAND 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 40 WOODLAND DRIVE?

40 WOODLAND DRIVE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 40 on WOODLAND DRIVE.