98, THE BROADWAY, MINSTER ON SEA, SHEERNESS, ME12 2RT - £135,000

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

98 THE BROADWAY is a very small extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £135,000 in September 2010, which was around 47% below the average September 2010 detached price in the Swale local authority area. The most recent EPC inspection was November 2009, where the current energy rating was F, and the potential energy rating was E.

98 THE BROADWAY Sold Prices

Land registry data shows two sales for 98 THE BROADWAY 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 98 THE BROADWAY 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
2010 1 SEP	£135,000	£256,876	47% below HPI
1996 20 DEC	£64,000	£86,229	26% below HPI

98 THE BROADWAY 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 98 THE BROADWAY sales from December 1996 and September 2010 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 December 1996 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2010 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 98 THE BROADWAY?

98 THE BROADWAY is 72m², which includes two extensions, according to the EPC inspection conducted in November 2009. 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 98 THE BROADWAY lies on this distribution: 10% of detached houses are smaller than 98 THE BROADWAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Minster.

98 THE BROADWAY: Plot and Title Map

98 THE BROADWAY sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 98 THE BROADWAY, 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 98 THE BROADWAY). 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 98 THE BROADWAY?

98 THE BROADWAY is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 98 on THE BROADWAY.