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

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

KITS COTY is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £320,000 in July 2023, which was around 35% 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	£490,316	35% below HPI
2008 11 FEB	£215,000	£274,718	22% below HPI
2004 20 SEP	£186,000	£239,753	22% below HPI
1996 23 AUG	£70,000	£85,888	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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

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 in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where KITS COTY lies on this distribution: 23% of detached 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.