IKEJA LODGE, CLOVELLY DRIVE, MINSTER ON SEA, SHEERNESS, ME12 2SF - £533,000

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.

IKEJA LODGE is a very large detached house of 237m², built sometime between 1976 and 1982, which could now be worth an estimated £543,011. It was last sold for £533,000 in December 2023, which was around 14% above the average December 2023 detached price in the Swale local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

IKEJA LODGE Sold Prices

Land registry data shows four sales for IKEJA LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Most of the four IKEJA LODGE 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
2023 13 DEC	£533,000	£465,716	14% above HPI
2016 29 JAN	£310,000	£326,139	5% below HPI
2002 25 JAN	£170,000	£159,430	7% above HPI
1996 30 AUG	£88,500	£85,568	3% above HPI

IKEJA 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 four IKEJA LODGE sales between August 1996 and December 2023 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 January 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might IKEJA LODGE be worth now?

IKEJA LODGE might now be worth an estimated £543,011.

This is based on house price inflation of 1.9%, between December 2023 and February 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 1.9% inflationary increase is applied to the most recent sale price for IKEJA LODGE of £533,000 on 13th December 2023. For the value to have increased from £533,000 to £543,011 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of IKEJA LODGE has moved in line with the HPI for detached houses in the Swale local authority area.
• The December 2023 sale price of £533,000 represented a fair market value for the property.
• The size, condition, and specification of IKEJA LODGE has not materially changed since December 2023.

How Large is IKEJA LODGE?

IKEJA LODGE is 237m² according to the EPC inspection conducted in April 2015. This puts it in the largest 10% 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 IKEJA LODGE lies on this distribution: 98% of detached houses houses are smaller than IKEJA LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Minster.

IKEJA LODGE: Plot and Title Map

IKEJA LODGE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of IKEJA 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 IKEJA 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 IKEJA LODGE?

IKEJA LODGE is located on CLOVELLY DRIVE in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of IKEJA LODGE on CLOVELLY DRIVE.