SEEBOATS, SCARBOROUGH DRIVE, MINSTER ON SEA, SHEERNESS, ME12 2LS - £155,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SEEBOATS is a very small detached house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £302,712. It was last sold for £155,000 in April 2011, which was around 37% below the average April 2011 detached price in the Swale local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

SEEBOATS Sold Prices

Land registry data shows two sales for SEEBOATS 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 SEEBOATS 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
2011 15 APR	£155,000	£245,190	37% below HPI
2003 19 MAY	£98,000	£212,882	54% below HPI

SEEBOATS 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 SEEBOATS sales from May 2003 and April 2011 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 2003 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the April 2011 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might SEEBOATS be worth now?

SEEBOATS might now be worth an estimated £302,712.

This is based on house price inflation of 95.3%, between April 2011 and December 2024, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 95.3% inflationary increase is applied to the most recent sale price for SEEBOATS of £155,000 on 15th April 2011. For the value to have increased from £155,000 to £302,712 over the twelve years and four months to December 2024, the following assumptions must hold true:

• The value of SEEBOATS has moved in line with the HPI for detached houses in the Swale local authority area.
• The April 2011 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of SEEBOATS has not materially changed since April 2011.

How Large is SEEBOATS?

SEEBOATS is 54m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses houses in Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minster, and where SEEBOATS lies on this distribution: 1% of detached houses houses are smaller than SEEBOATS, and 99% of houses are larger. Note that EPC data is not available for all properties in Minster.

SEEBOATS: Plot and Title Map

SEEBOATS sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of SEEBOATS, 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 SEEBOATS). 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 SEEBOATS?

SEEBOATS is located on SCARBOROUGH DRIVE in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of SEEBOATS on SCARBOROUGH DRIVE.