56, LOVELL ROAD, MINSTER ON SEA, SHEERNESS, ME12 3NX - £117,000

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

56 LOVELL ROAD is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £117,000 in October 2004, which was around 51% below the average October 2004 detached price in the Swale local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

56 LOVELL ROAD Sold Prices

Land registry data shows two sales for 56 LOVELL ROAD 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 56 LOVELL 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
2004 29 OCT	£117,000	£240,509	51% below HPI
1998 17 APR	£45,500	£96,352	53% below HPI

56 LOVELL 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 two 56 LOVELL ROAD sales from April 1998 and October 2004 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 1998 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2004 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 56 LOVELL ROAD?

56 LOVELL ROAD is 59m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 56 LOVELL ROAD lies on this distribution: 3% of detached houses are smaller than 56 LOVELL ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Minster.

56 LOVELL ROAD: Plot and Title Map

56 LOVELL ROAD sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 56 LOVELL 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 56 LOVELL 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 56 LOVELL ROAD?

56 LOVELL ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 56 on LOVELL ROAD.