MARINERS, IMPERIAL AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2HG - £395,000

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

MARINERS is a small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £395,000 in December 2022, which was around 20% below the average December 2022 detached price in the Swale local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

MARINERS Sold Prices

Land registry data shows two sales for MARINERS 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. One of the two MARINERS sales was for below the average price, whilst the other was 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
2022 16 DEC	£395,000	£493,282	20% below HPI
1998 2 OCT	£250,000	£106,453	135% above HPI

MARINERS 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 MARINERS sales from October 1998 and December 2022 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 October 1998 sale was for 135% above the HPI. So the extrapolation line tracks at 135% above the HPI over time, until the December 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is MARINERS?

MARINERS is 90m² according to the EPC inspection conducted in September 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 MARINERS lies on this distribution: 27% of detached houses are smaller than MARINERS, and 72% of houses are larger. Note that EPC data is not available for all properties in Minster.

MARINERS: Plot and Title Map

MARINERS sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of MARINERS, 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 MARINERS). 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 MARINERS?

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