HATEPE, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HATEPE is a very large detached house of 156m², built sometime between 1983 and 1990, which could now be worth an estimated £437,735. It was last sold for £300,000 in January 2016, which was around 8% below the average January 2016 detached price in the Swale local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

HATEPE Sold Prices

Land registry data shows two sales for HATEPE 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 HATEPE 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
2016 29 JAN	£300,000	£326,139	8% below HPI
2007 29 MAY	£249,995	£259,467	4% below HPI

HATEPE 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 HATEPE sales from May 2007 and January 2016 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might HATEPE be worth now?

HATEPE might now be worth an estimated £437,735.

This is based on house price inflation of 45.9%, between January 2016 and March 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.9% inflationary increase is applied to the most recent sale price for HATEPE of £300,000 on 29th January 2016. For the value to have increased from £300,000 to £437,735 over the eight years and ten months to March 2025, the following assumptions must hold true:

• The value of HATEPE has moved in line with the HPI for detached houses in the Swale local authority area.
• The January 2016 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of HATEPE has not materially changed since January 2016.

How Large is HATEPE?

HATEPE is 156m² according to the EPC inspection conducted in December 2014. This puts it in the largest 20% of detached houses houses in Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minster, and where HATEPE lies on this distribution: 81% of detached houses houses are smaller than HATEPE, and 19% of houses are larger. Note that EPC data is not available for all properties in Minster.

HATEPE: Plot and Title Map

HATEPE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of HATEPE, 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 HATEPE). 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 HATEPE?

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