58, LOVELL ROAD, MINSTER ON SEA, SHEERNESS, ME12 3NX - £260,000

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

58 LOVELL ROAD is a very small extended detached house of 73m², built sometime between 1983 and 1990. It was last sold for £260,000 in September 2022, which was around 46% below the average September 2022 detached price in the Swale local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

58 LOVELL ROAD Sold Prices

Land registry data shows five sales for 58 LOVELL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the five 58 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
2022 15 SEP	£260,000	£484,855	46% below HPI
2006 21 APR	£138,000	£240,343	43% below HPI
2002 27 SEP	£88,000	£187,572	53% below HPI
1999 8 OCT	£51,000	£115,473	56% below HPI
1996 30 AUG	£42,500	£85,888	51% below HPI

58 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 five 58 LOVELL ROAD sales between August 1996 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 2006 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 58 LOVELL ROAD?

58 LOVELL ROAD is 73m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 58 LOVELL ROAD lies on this distribution: 11% of detached houses are smaller than 58 LOVELL ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Minster.

58 LOVELL ROAD: Plot and Title Map

58 LOVELL ROAD sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 58 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 58 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 58 LOVELL ROAD?

58 LOVELL ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 58 on LOVELL ROAD.