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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 WOODLAND DRIVE is a small extended detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £309,388. It was last sold for £295,000 in June 2024, which was around 35% 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	£456,582	35% below HPI
2007 4 MAY	£212,000	£259,467	18% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 40 WOODLAND DRIVE be worth now?

40 WOODLAND DRIVE might now be worth an estimated £309,388.

This is based on house price inflation of 4.9%, between June 2024 and December 2024, 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 4.9% inflationary increase is applied to the most recent sale price for 40 WOODLAND DRIVE of £295,000 on 21st June 2024. For the value to have increased from £295,000 to £309,388 over the six months to December 2024, the following assumptions must hold true:

• The value of 40 WOODLAND DRIVE has moved in line with the HPI for detached houses in the Swale local authority area.
• The June 2024 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 40 WOODLAND DRIVE has not materially changed since June 2024.

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 houses in Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minster, and where 40 WOODLAND DRIVE lies on this distribution: 26% of detached houses 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.