50, SUMMERVILLE AVENUE, MINSTER ON SEA, SHEERNESS, ME12 3LB - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

50 SUMMERVILLE AVENUE is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £387,977. It was last sold for £395,000 in September 2022, which was around 18% below the average September 2022 detached price in the Swale local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

50 SUMMERVILLE AVENUE Sold Prices

Land registry data shows two sales for 50 SUMMERVILLE AVENUE 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 50 SUMMERVILLE AVENUE 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
2022 2 SEP	£395,000	£483,051	18% below HPI
2018 26 APR	£315,000	£397,158	21% below HPI

50 SUMMERVILLE AVENUE 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 50 SUMMERVILLE AVENUE sales from April 2018 and September 2022 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 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 50 SUMMERVILLE AVENUE be worth now?

50 SUMMERVILLE AVENUE might now be worth an estimated £387,977.

This is based on house price deflation of 1.8%, between September 2022 and February 2025, 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 1.8% deflationary decrease is applied to the most recent sale price for 50 SUMMERVILLE AVENUE of £395,000 on 2nd September 2022. For the value to have decreased from £395,000 to £387,977 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 50 SUMMERVILLE AVENUE has moved in line with the HPI for detached houses in the Swale local authority area.
• The September 2022 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 50 SUMMERVILLE AVENUE has not materially changed since September 2022.

How Large is 50 SUMMERVILLE AVENUE?

50 SUMMERVILLE AVENUE is 74m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% 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 50 SUMMERVILLE AVENUE lies on this distribution: 13% of detached houses houses are smaller than 50 SUMMERVILLE AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Minster.

50 SUMMERVILLE AVENUE: Plot and Title Map

50 SUMMERVILLE AVENUE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 50 SUMMERVILLE AVENUE, 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 50 SUMMERVILLE AVENUE). 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 50 SUMMERVILLE AVENUE?

50 SUMMERVILLE AVENUE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 50 on SUMMERVILLE AVENUE.