85, MARINE PARADE, SHEERNESS, ME12 2BE - £195,000

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

85 MARINE PARADE is a small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £195,000 in May 2018, which was around 51% below the average May 2018 detached price in the Swale local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was D.

85 MARINE PARADE Sold Prices

Land registry data shows two sales for 85 MARINE PARADE 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 85 MARINE PARADE 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
2018 21 MAY	£195,000	£400,661	51% below HPI
2017 26 MAY	£170,000	£374,661	55% below HPI

85 MARINE PARADE 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 85 MARINE PARADE sales from May 2017 and May 2018 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 May 2017 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the May 2018 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 85 MARINE PARADE?

85 MARINE PARADE is 84m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses in Sheerness, based on EPC data. The below chart shows the distribution of detached houses by size in Sheerness, and where 85 MARINE PARADE lies on this distribution: 37% of detached houses are smaller than 85 MARINE PARADE, and 61% of houses are larger. Note that EPC data is not available for all properties in Sheerness.

85 MARINE PARADE: Plot and Title Map

85 MARINE PARADE sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 85 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 85 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.

Where is 85 MARINE PARADE?

85 MARINE PARADE is located in SHEERNESS, in the ME12 postcode district. The below map shows the position of No. 85 on MARINE PARADE.