6, NEW ROAD, SHEERNESS, ME12 1BW - £220,000

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

6 NEW ROAD is a small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £220,000 in October 2019, which was around 46% below the average October 2019 detached price in the Swale local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

6 NEW ROAD Sold Prices

Land registry data shows two sales for 6 NEW 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 6 NEW 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
2019 25 OCT	£220,000	£409,099	46% below HPI
1996 22 MAR	£45,000	£82,023	45% below HPI

6 NEW 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 6 NEW ROAD sales from March 1996 and October 2019 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 1996 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 6 NEW ROAD?

6 NEW ROAD is 70m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses in Sheerness, based on EPC data. The below chart shows the distribution of detached houses by size in Sheerness, and where 6 NEW ROAD lies on this distribution: 22% of detached houses are smaller than 6 NEW ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Sheerness.

6 NEW ROAD: Plot and Title Map

6 NEW ROAD sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 6 NEW 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 6 NEW 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 6 NEW ROAD?

6 NEW ROAD is located in SHEERNESS, in the ME12 postcode district. The below map shows the position of No. 6 on NEW ROAD.