51A, PARSONAGE CHASE, MINSTER ON SEA, SHEERNESS, ME12 3JX - £217,500

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

51A PARSONAGE CHASE is a small detached house of 82m², which could now be worth an estimated £425,001. It was last sold for £217,500 in December 2009, which was around 10% below the average December 2009 detached price in the Swale local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

51A PARSONAGE CHASE Sold Prices

Land registry data shows four sales for 51A PARSONAGE CHASE 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 51A 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
2009 23 DEC	£217,500	£242,813	10% below HPI
2009 5 MAY	£154,000	£221,348	30% below HPI
2007 26 OCT	£225,000	£273,545	18% below HPI
2005 27 JUN	£192,000	£232,301	17% below HPI

51A 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 four 51A PARSONAGE CHASE sales between June 2005 and December 2009 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 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2009 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 51A PARSONAGE CHASE be worth now?

51A PARSONAGE CHASE might now be worth an estimated £425,001.

This is based on house price inflation of 95.4%, between December 2009 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 95.4% inflationary increase is applied to the most recent sale price for 51A PARSONAGE CHASE of £217,500 on 23rd December 2009. For the value to have increased from £217,500 to £425,001 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 51A PARSONAGE CHASE has moved in line with the HPI for detached houses in the Swale local authority area.
• The December 2009 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 51A PARSONAGE CHASE has not materially changed since December 2009.

How Large is 51A PARSONAGE CHASE?

51A PARSONAGE CHASE is 82m² according to the EPC inspection conducted in October 2009. 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 51A PARSONAGE CHASE lies on this distribution: 21% of detached houses houses are smaller than 51A PARSONAGE CHASE, and 79% of houses are larger. Note that EPC data is not available for all properties in Minster.

51A PARSONAGE CHASE: Plot and Title Map

51A PARSONAGE CHASE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 51A 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 51A 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 51A PARSONAGE CHASE?

51A PARSONAGE CHASE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 51A on PARSONAGE CHASE.