57, THE LEAS, MINSTER ON SEA, SHEERNESS, ME12 2NL - £380,000

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

57 THE LEAS is a very large detached house of 187m², built sometime between 1967 and 1975. It was last sold for £380,000 in November 2015, which was around 18% above the average November 2015 detached price in the Swale local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

57 THE LEAS Sold Prices

Land registry data shows three sales for 57 THE LEAS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the three 57 THE LEAS sales were for above 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
2015 25 NOV	£380,000	£323,097	18% above HPI
2010 10 MAR	£390,000	£249,491	56% above HPI
2001 2 FEB	£180,000	£135,540	33% above HPI

57 THE LEAS 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 three 57 THE LEAS sales between February 2001 and November 2015 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 March 2010 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the November 2015 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 57 THE LEAS?

57 THE LEAS is 187m² according to the EPC inspection conducted in October 2008. This puts it in the largest 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 57 THE LEAS lies on this distribution: 91% of detached houses are smaller than 57 THE LEAS, and 8% of houses are larger. Note that EPC data is not available for all properties in Minster.

57 THE LEAS: Plot and Title Map

57 THE LEAS sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 57 THE LEAS, 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 57 THE LEAS). 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 57 THE LEAS?

57 THE LEAS is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 57 on THE LEAS.