ROCKLEA, THE BROADWAY, MINSTER ON SEA, SHEERNESS, ME12 2DE - £245,000

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

ROCKLEA is a very large extended detached house of 175m², built sometime between 1967 and 1975. It was last sold for £245,000 in January 2010, which was around 2% below the average January 2010 detached price in the Swale local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was E.

ROCKLEA Sold Prices

Land registry data shows four sales for ROCKLEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Most of the four ROCKLEA 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
2010 15 JAN	£245,000	£250,906	2% below HPI
2003 14 MAR	£225,000	£207,137	9% above HPI
2001 31 OCT	£175,000	£157,678	11% above HPI
2000 20 APR	£155,000	£122,919	26% above HPI

ROCKLEA 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 four ROCKLEA sales between April 2000 and January 2010 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 March 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2010 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is ROCKLEA?

ROCKLEA is 175m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 20% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where ROCKLEA lies on this distribution: 90% of detached houses are smaller than ROCKLEA, and 10% of houses are larger. Note that EPC data is not available for all properties in Minster.

ROCKLEA: Plot and Title Map

ROCKLEA sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of ROCKLEA, 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 ROCKLEA). 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 ROCKLEA?

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