RALITA, RODMER CLOSE, MINSTER ON SEA, SHEERNESS, ME12 2BS - £355,000

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

RALITA is a very large detached house of 178m², built sometime between 1991 and 1995. It was last sold for £355,000 in October 2015, which was around 11% above the average October 2015 detached price in the Swale local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

RALITA Sold Prices

Land registry data shows two sales for RALITA 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 RALITA 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
2015 19 OCT	£355,000	£319,060	11% above HPI
2009 30 JUN	£300,000	£228,364	31% above HPI

RALITA 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 RALITA sales from June 2009 and October 2015 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 June 2009 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2015 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is RALITA?

RALITA is 178m² according to the EPC inspection conducted in October 2008. 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 RALITA lies on this distribution: 90% of detached houses are smaller than RALITA, and 10% of houses are larger. Note that EPC data is not available for all properties in Minster.

RALITA: Plot and Title Map

RALITA sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of RALITA, 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 RALITA). 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 RALITA?

RALITA is located on RODMER CLOSE in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of RALITA on RODMER CLOSE.