CHERRY TREE, KENT AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2DU - £397,500

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

CHERRY TREE is a very large detached house of 155m², built sometime between 1996 and 2002. It was last sold for £397,500 in August 2018, which was around 2% below the average August 2018 detached price in the Swale local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.

CHERRY TREE Sold Prices

Land registry data shows three sales for CHERRY TREE 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. One of the three CHERRY TREE sales was for below the average price, whilst two were for above 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 16 AUG	£397,500	£403,868	2% below HPI
2004 27 MAY	£265,000	£226,975	17% above HPI
2002 6 SEP	£214,000	£187,572	14% above HPI

CHERRY TREE 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 CHERRY TREE sales between September 2002 and August 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 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is CHERRY TREE?

CHERRY TREE is 155m² according to the EPC inspection conducted in February 2018. This puts it in the largest 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 CHERRY TREE lies on this distribution: 80% of detached houses are smaller than CHERRY TREE, and 20% of houses are larger. Note that EPC data is not available for all properties in Minster.

CHERRY TREE: Plot and Title Map

CHERRY TREE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of CHERRY TREE, 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 CHERRY TREE). 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 CHERRY TREE?

CHERRY TREE is located on KENT AVENUE in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of CHERRY TREE on KENT AVENUE.