87, MARINE PARADE, SHEERNESS, ME12 2BE - £270,000

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

87 MARINE PARADE is a very large detached house of 143m², built sometime between 1930 and 1949. It was last sold for £270,000 in March 2016, which was around 20% below the average March 2016 detached price in the Swale local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

87 MARINE PARADE Sold Prices

Land registry data shows two sales for 87 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 87 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
2016 29 MAR	£270,000	£338,657	20% below HPI
1996 17 MAY	£46,000	£82,901	45% below HPI

87 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 87 MARINE PARADE sales from May 1996 and March 2016 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 1996 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 87 MARINE PARADE?

87 MARINE PARADE is 143m² according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Sheerness, based on EPC data. The below chart shows the distribution of detached houses by size in Sheerness, and where 87 MARINE PARADE lies on this distribution: 87% of detached houses are smaller than 87 MARINE PARADE, and 13% of houses are larger. Note that EPC data is not available for all properties in Sheerness.

87 MARINE PARADE: Plot and Title Map

87 MARINE PARADE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 87 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 87 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 87 MARINE PARADE?

87 MARINE PARADE is located in SHEERNESS, in the ME12 postcode district. The below map shows the position of No. 87 on MARINE PARADE.