CHEYNE LODGE, SAXON AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2RP - £375,000

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

CHEYNE LODGE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £375,000 in March 2021, which was around 9% below the average March 2021 detached price in the Swale local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

CHEYNE LODGE Sold Prices

Land registry data shows two sales for CHEYNE LODGE 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 CHEYNE LODGE 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
2021 16 MAR	£375,000	£414,287	9% below HPI
2017 2 JUN	£320,000	£372,818	14% below HPI

CHEYNE LODGE 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 CHEYNE LODGE sales from June 2017 and March 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 June 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is CHEYNE LODGE?

CHEYNE LODGE is 114m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 50% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where CHEYNE LODGE lies on this distribution: 52% of detached houses are smaller than CHEYNE LODGE, and 46% of houses are larger. Note that EPC data is not available for all properties in Minster.

CHEYNE LODGE: Plot and Title Map

CHEYNE LODGE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of CHEYNE LODGE, 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 CHEYNE LODGE). 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 CHEYNE LODGE?

CHEYNE LODGE is located on SAXON AVENUE in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of CHEYNE LODGE on SAXON AVENUE.