GREEN LAWNS, OAK LANE, MINSTER ON SEA, SHEERNESS, ME12 3QP - £215,000

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

GREEN LAWNS is a large extended detached house of 143m², built sometime between 1930 and 1949. It was last sold for £215,000 in March 2011, which was around 13% below the average March 2011 detached price in the Swale local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

GREEN LAWNS Sold Prices

Land registry data shows two sales for GREEN LAWNS 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 GREEN LAWNS 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
2011 28 MAR	£215,000	£247,851	13% below HPI
2002 12 AUG	£180,000	£186,765	4% below HPI

GREEN LAWNS 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 GREEN LAWNS sales from August 2002 and March 2011 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 August 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2011 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is GREEN LAWNS?

GREEN LAWNS is 143m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where GREEN LAWNS lies on this distribution: 73% of detached houses are smaller than GREEN LAWNS, and 26% of houses are larger. Note that EPC data is not available for all properties in Minster.

GREEN LAWNS: Plot and Title Map

GREEN LAWNS sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of GREEN LAWNS, 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 GREEN LAWNS). 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 GREEN LAWNS?

GREEN LAWNS is located on OAK LANE in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of GREEN LAWNS on OAK LANE.