9, ELM LANE, MINSTER ON SEA, SHEERNESS, ME12 3SQ - £376,000

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

9 ELM LANE is a small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £376,000 in February 2021, which was around 10% below the average February 2021 detached price in the Swale local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

9 ELM LANE Sold Prices

Land registry data shows two sales for 9 ELM LANE 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. One of the two 9 ELM LANE sales was for below the average price, whilst the other was roughly equal to 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 11 FEB	£376,000	£419,269	10% below HPI
2000 24 JUL	£129,995	£129,667	Close to HPI

9 ELM LANE 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 9 ELM LANE sales from July 2000 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 July 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 9 ELM LANE?

9 ELM LANE is 100m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 9 ELM LANE lies on this distribution: 37% of detached houses are smaller than 9 ELM LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Minster.

9 ELM LANE: Plot and Title Map

9 ELM LANE sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of 9 ELM LANE, 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 9 ELM LANE). 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 9 ELM LANE?

9 ELM LANE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 9 on ELM LANE.