KITS COTY, THE GLEN, MINSTER ON SEA, SHEERNESS, ME12 2SD - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

KITS COTY is a small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £313,685. It was last sold for £320,000 in July 2023, which was around 34% below the average July 2023 detached price in the Swale local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

KITS COTY Sold Prices

Land registry data shows four sales for KITS COTY 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 KITS COTY 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 12 JUL	£320,000	£488,491	34% below HPI
2008 11 FEB	£215,000	£273,696	21% below HPI
2004 20 SEP	£186,000	£238,861	22% below HPI
1996 23 AUG	£70,000	£85,568	18% below HPI

KITS COTY 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 KITS COTY sales between August 1996 and July 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 February 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might KITS COTY be worth now?

KITS COTY might now be worth an estimated £313,685.

This is based on house price deflation of 2%, between July 2023 and December 2024, 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 2% deflationary decrease is applied to the most recent sale price for KITS COTY of £320,000 on 12th July 2023. For the value to have decreased from £320,000 to £313,685 over the seven months to December 2024, the following assumptions must hold true:

• The value of KITS COTY has moved in line with the HPI for detached houses in the Swale local authority area.
• The July 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of KITS COTY has not materially changed since July 2023.

How Large is KITS COTY?

KITS COTY is 85m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% 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 KITS COTY lies on this distribution: 23% of detached houses houses are smaller than KITS COTY, and 76% of houses are larger. Note that EPC data is not available for all properties in Minster.

KITS COTY: Plot and Title Map

KITS COTY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of KITS COTY, 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 KITS COTY). 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 KITS COTY?

KITS COTY is located on THE GLEN in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of KITS COTY on THE GLEN.