7, OAK AVENUE, MINSTER ON SEA, SHEERNESS, ME12 3QT - £437,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 OAK AVENUE is a large extended detached house of 143m², built sometime between 1930 and 1949. It was last sold for £437,000 in November 2019, which was around 8% above the average November 2019 detached price in the Swale local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

7 OAK AVENUE Sold Prices

Land registry data shows two sales for 7 OAK AVENUE 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. One of the two 7 OAK AVENUE sales was for above the average price, whilst the other was 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 6 NOV	£437,000	£402,909	8% above HPI
1998 9 DEC	£65,000	£105,097	38% below HPI

7 OAK AVENUE 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 OAK AVENUE sales from December 1998 and November 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 December 1998 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 7 OAK AVENUE be worth now?

7 OAK AVENUE might now be worth an estimated £519,368.

This is based on house price inflation of 18.8%, between November 2019 and December 2024, 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 18.8% inflationary increase is applied to the most recent sale price for 7 OAK AVENUE of £437,000 on 6th November 2019. For the value to have increased from £437,000 to £519,368 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 OAK AVENUE has moved in line with the HPI for detached houses in the Swale local authority area.
• The November 2019 sale price of £437,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OAK AVENUE has not materially changed since November 2019.

How Large is 7 OAK AVENUE?

7 OAK AVENUE is 143m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses houses in Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minster, and where 7 OAK AVENUE lies on this distribution: 73% of detached houses houses are smaller than 7 OAK AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Minster.

7 OAK AVENUE: Plot and Title Map

7 OAK AVENUE sits on a plot of roughly 0.209 of an acre, or 844m². The below map shows the location of 7 OAK AVENUE, 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 OAK AVENUE). 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 OAK AVENUE?

7 OAK AVENUE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 7 on OAK AVENUE.