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
8 LOWFIELD ROAD is a small extended detached house of 83m², built sometime before 1900. It was last sold for £225,000 in December 2019, which was around 44% below the average December 2019 detached price in the Swale local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows three sales for 8 LOWFIELD ROAD 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. All of the three 8 LOWFIELD 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 5 DEC | £225,000 | £401,707 | 44% below HPI |
2014 21 MAR | £160,000 | £277,833 | 42% below HPI |
2012 6 JUL | £94,000 | £251,726 | 63% 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 8 LOWFIELD ROAD sales between July 2012 and December 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 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
8 LOWFIELD ROAD is 83m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses in Halfway Houses, based on EPC data. The below chart shows the distribution of detached houses by size in Halfway Houses, and where 8 LOWFIELD ROAD lies on this distribution: 24% of detached houses are smaller than 8 LOWFIELD ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Halfway Houses.
8 LOWFIELD ROAD sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 8 LOWFIELD 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 8 LOWFIELD 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.
8 LOWFIELD ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 8 on LOWFIELD ROAD.