OAKLANDS, OAK LANE, MINSTER ON SEA, SHEERNESS, ME12 3QP - £410,000

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

OAKLANDS is a very large detached house of 182m², built sometime between 1991 and 1995. It was last sold for £410,000 in November 2014, which was around 36% above the average November 2014 detached price in the Swale local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

OAKLANDS Sold Prices

Land registry data shows two sales for OAKLANDS 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 OAKLANDS sales were 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
2014 25 NOV	£410,000	£301,869	36% above HPI
2011 27 MAY	£320,000	£251,178	27% above HPI

OAKLANDS 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 OAKLANDS sales from May 2011 and November 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 May 2011 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2014 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is OAKLANDS?

OAKLANDS is 182m² according to the EPC inspection conducted in April 2010. This puts it in the largest 10% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where OAKLANDS lies on this distribution: 91% of detached houses are smaller than OAKLANDS, and 9% of houses are larger. Note that EPC data is not available for all properties in Minster.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on OAK LANE in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of OAKLANDS on OAK LANE.