70, NEW ROAD, MINSTER ON SEA, SHEERNESS, ME12 3PU - £220,000

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.

70 NEW ROAD is a small semi-detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £268,114. It was last sold for £220,000 in July 2019, which was around 15% below the average July 2019 semi-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 B.

70 NEW ROAD Sold Prices

Land registry data shows four sales for 70 NEW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Swale local authority area for the corresponding sale date. All of the four 70 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 4 JUL	£220,000	£260,172	15% below HPI
2006 21 JUL	£130,000	£173,159	25% below HPI
2004 31 MAR	£120,000	£147,408	19% below HPI
1996 28 JUN	£45,000	£53,970	17% below HPI

70 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Swale local authority area over time, sourced from the HPI. The four 70 NEW ROAD sales between June 1996 and July 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 July 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 70 NEW ROAD be worth now?

70 NEW ROAD might now be worth an estimated £268,114.

This is based on house price inflation of 21.9%, between July 2019 and February 2025, for semi-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 21.9% inflationary increase is applied to the most recent sale price for 70 NEW ROAD of £220,000 on 4th July 2019. For the value to have increased from £220,000 to £268,114 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 70 NEW ROAD has moved in line with the HPI for semi-detached houses in the Swale local authority area.
• The July 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 70 NEW ROAD has not materially changed since July 2019.

How Large is 70 NEW ROAD?

70 NEW ROAD is 83m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of semi-detached houses houses in Minster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Minster, and where 70 NEW ROAD lies on this distribution: 21% of semi-detached houses houses are smaller than 70 NEW ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Minster.

70 NEW ROAD: Plot and Title Map

70 NEW ROAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 70 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 70 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 70 NEW ROAD?

70 NEW ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 70 on NEW ROAD.