LESEARN, IMPERIAL AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2HG - £275,000

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

LESEARN is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £275,000 in May 2014, which was around 1% below the average May 2014 detached price in the Swale local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

LESEARN Sold Prices

Land registry data shows two sales for LESEARN 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 LESEARN 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
2014 2 MAY	£275,000	£276,578	1% below HPI
2013 1 JUL	£175,000	£254,788	31% below HPI

LESEARN 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 LESEARN sales from July 2013 and May 2014 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 July 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2014 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is LESEARN?

LESEARN is 96m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where LESEARN lies on this distribution: 33% of detached houses are smaller than LESEARN, and 66% of houses are larger. Note that EPC data is not available for all properties in Minster.

LESEARN: Plot and Title Map

LESEARN sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of LESEARN, 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 LESEARN). 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 LESEARN?

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