94, NEW ROAD, MINSTER ON SEA, SHEERNESS, ME12 3PT - £220,000

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

94 NEW ROAD is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £220,000 in February 2018, which was around 43% below the average February 2018 detached price in the Swale local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

94 NEW ROAD Sold Prices

Land registry data shows three sales for 94 NEW ROAD since 1^st 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 94 NEW 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
2018 28 FEB	£220,000	£387,803	43% below HPI
2002 31 JAN	£90,000	£160,026	44% below HPI
1998 15 MAY	£69,500	£100,175	31% below HPI

94 NEW ROAD 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 three 94 NEW ROAD sales between May 1998 and February 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 January 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2018 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 94 NEW ROAD?

94 NEW ROAD is 81m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 94 NEW ROAD lies on this distribution: 18% of detached houses are smaller than 94 NEW ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Minster.

94 NEW ROAD: Plot and Title Map

94 NEW ROAD sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 94 NEW 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 94 NEW 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.

Where is 94 NEW ROAD?

94 NEW ROAD is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 94 on NEW ROAD.