J RS, PRESTON HALL GARDENS, WARDEN, SHEERNESS, ME12 4PL - £225,000

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

J RS is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £225,000 in August 2023, which was around 53% below the average August 2023 detached price in the Swale local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

J RS Sold Prices

Land registry data shows four sales for J RS 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. All of the four J RS 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
2023 25 AUG	£225,000	£477,586	53% below HPI
2020 10 SEP	£150,000	£408,469	63% below HPI
2000 29 SEP	£39,995	£134,404	70% below HPI
1998 11 AUG	£35,000	£101,444	65% below HPI

J RS 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 J RS sales between August 1998 and August 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 September 2020 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the August 2023 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is J RS?

J RS is 89m², which includes three extensions, according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of detached houses in Warden, based on EPC data. The below chart shows the distribution of detached houses by size in Warden, and where J RS lies on this distribution: 39% of detached houses are smaller than J RS, and 60% of houses are larger. Note that EPC data is not available for all properties in Warden.

J RS: Plot and Title Map

J RS sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of J RS, 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 J RS). 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 J RS?

J RS is located on PRESTON HALL GARDENS in WARDEN, in the ME12 postcode district. The below map shows the position of J RS on PRESTON HALL GARDENS.