7, MONINS ROAD, IWADE, SITTINGBOURNE, ME9 8TY - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MONINS ROAD is a very small detached house of 80m², built sometime between 2003 and 2006, which could now be worth an estimated £390,048. It was last sold for £375,000 in March 2022, which was around 18% below the average March 2022 detached price in the Swale local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

7 MONINS ROAD Sold Prices

Land registry data shows two sales for 7 MONINS 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 7 MONINS 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 18 MAR	£375,000	£456,158	18% below HPI
2003 28 OCT	£208,475	£216,423	4% below HPI

7 MONINS 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 7 MONINS ROAD sales from October 2003 and March 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 October 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 MONINS ROAD be worth now?

7 MONINS ROAD might now be worth an estimated £390,048.

This is based on house price inflation of 4%, between March 2022 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 4% inflationary increase is applied to the most recent sale price for 7 MONINS ROAD of £375,000 on 18th March 2022. For the value to have increased from £375,000 to £390,048 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 7 MONINS ROAD has moved in line with the HPI for detached houses in the Swale local authority area.
• The March 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MONINS ROAD has not materially changed since March 2022.

How Large is 7 MONINS ROAD?

7 MONINS ROAD is 80m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses houses by size in Iwade, and where 7 MONINS ROAD lies on this distribution: 7% of detached houses houses are smaller than 7 MONINS ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Iwade.

7 MONINS ROAD: Plot and Title Map

7 MONINS ROAD sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 7 MONINS 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 7 MONINS 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 7 MONINS ROAD?

7 MONINS ROAD is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 7 on MONINS ROAD.