5, SCRAPSGATE ROAD, MINSTER ON SEA, SHEERNESS, ME12 2ER - £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

5 SCRAPSGATE ROAD is a small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £295,000 in October 2023, which was around 36% below the average October 2023 detached price in the Swale local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was B.

5 SCRAPSGATE ROAD Sold Prices

Land registry data shows four sales for 5 SCRAPSGATE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four 5 SCRAPSGATE 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 27 OCT	£295,000	£459,354	36% below HPI
2011 16 DEC	£141,000	£258,587	45% below HPI
2010 26 FEB	£156,000	£255,607	39% below HPI
1998 30 JUL	£72,500	£102,795	29% below HPI

5 SCRAPSGATE 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 four 5 SCRAPSGATE ROAD sales between July 1998 and October 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 December 2011 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 5 SCRAPSGATE ROAD?

5 SCRAPSGATE ROAD is 84m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 5 SCRAPSGATE ROAD lies on this distribution: 22% of detached houses are smaller than 5 SCRAPSGATE ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Minster.

5 SCRAPSGATE ROAD: Plot and Title Map

5 SCRAPSGATE ROAD sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 5 SCRAPSGATE 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 5 SCRAPSGATE 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 5 SCRAPSGATE ROAD?

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