PYGMALION, THE GLEN, MINSTER ON SEA, SHEERNESS, ME12 2SG - £198,000

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

PYGMALION is a midsized detached house of 109m², built sometime between 1976 and 1982. It was last sold for £198,000 in December 2012, which was around 21% below the average December 2012 detached price in the Swale local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

PYGMALION Sold Prices

Land registry data shows two sales for PYGMALION 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 PYGMALION 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
2012 19 DEC	£198,000	£249,839	21% below HPI
2008 16 OCT	£185,000	£250,828	26% below HPI

PYGMALION 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 PYGMALION sales from October 2008 and December 2012 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 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2012 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is PYGMALION?

PYGMALION is 109m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where PYGMALION lies on this distribution: 45% of detached houses are smaller than PYGMALION, and 55% of houses are larger. Note that EPC data is not available for all properties in Minster.

PYGMALION: Plot and Title Map

PYGMALION sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of PYGMALION, 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 PYGMALION). 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 PYGMALION?

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