5, PARSONAGE CHASE, MINSTER ON SEA, SHEERNESS, ME12 3JL - £265,000

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

5 PARSONAGE CHASE is a very small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £265,000 in May 2017, which was around 29% below the average May 2017 detached price in the Swale local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

5 PARSONAGE CHASE Sold Prices

Land registry data shows two sales for 5 PARSONAGE CHASE 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 5 PARSONAGE CHASE 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
2017 19 MAY	£265,000	£374,661	29% below HPI
2003 10 APR	£115,000	£206,760	44% below HPI

5 PARSONAGE CHASE 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 5 PARSONAGE CHASE sales from April 2003 and May 2017 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 April 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 PARSONAGE CHASE?

5 PARSONAGE CHASE is 82m², which includes one extension, according to the EPC inspection conducted in November 2019. 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 5 PARSONAGE CHASE lies on this distribution: 19% of detached houses are smaller than 5 PARSONAGE CHASE, and 80% of houses are larger. Note that EPC data is not available for all properties in Minster.

5 PARSONAGE CHASE: Plot and Title Map

5 PARSONAGE CHASE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 5 PARSONAGE CHASE, 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 5 PARSONAGE CHASE). 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 5 PARSONAGE CHASE?

5 PARSONAGE CHASE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 5 on PARSONAGE CHASE.