GRAMERCI, BALDWIN ROAD, MINSTER ON SEA, SHEERNESS, ME12 2SJ - £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

GRAMERCI is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £375,000 in August 2021, which was around 11% below the average August 2021 detached price in the Swale local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

GRAMERCI Sold Prices

Land registry data shows five sales for GRAMERCI since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Most of the five GRAMERCI sales 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
2021 5 AUG	£375,000	£419,738	11% below HPI
2010 14 APR	£240,000	£243,869	2% below HPI
2006 8 SEP	£260,000	£257,012	1% above HPI
2000 7 FEB	£130,000	£123,414	5% above HPI
1998 11 SEP	£120,000	£103,323	16% above HPI

GRAMERCI 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 five GRAMERCI sales between September 1998 and August 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 April 2010 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is GRAMERCI?

GRAMERCI is 112m² according to the EPC inspection conducted in November 2008. 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 GRAMERCI lies on this distribution: 51% of detached houses are smaller than GRAMERCI, and 49% of houses are larger. Note that EPC data is not available for all properties in Minster.

GRAMERCI: Plot and Title Map

GRAMERCI sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of GRAMERCI, 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 GRAMERCI). 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 GRAMERCI?

GRAMERCI is located on BALDWIN ROAD in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of GRAMERCI on BALDWIN ROAD.