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
75 MARINE PARADE is a very large extended detached house of 211m², built sometime between 1930 and 1949. It was last sold for £475,000 in February 2021, which was around 13% above the average February 2021 detached price in the Swale local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 75 MARINE PARADE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. One of the three 75 MARINE PARADE sales was for above the average price, whilst two 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 |
---|---|---|---|
2021 8 FEB | £475,000 | £419,269 | 13% above HPI |
2014 17 APR | £235,000 | £275,698 | 15% below HPI |
2011 18 MAY | £190,000 | £251,178 | 24% below HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The three 75 MARINE PARADE sales between May 2011 and February 2021 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 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
75 MARINE PARADE is 211m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses in Sheerness, based on EPC data. The below chart shows the distribution of detached houses by size in Sheerness, and where 75 MARINE PARADE lies on this distribution: 98% of detached houses are smaller than 75 MARINE PARADE, and 2% of houses are larger. Note that EPC data is not available for all properties in Sheerness.
75 MARINE PARADE sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of 75 MARINE PARADE, 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 75 MARINE PARADE). 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.
75 MARINE PARADE is located in SHEERNESS, in the ME12 postcode district. The below map shows the position of No. 75 on MARINE PARADE.