SILVER HOWE, SCARBOROUGH DRIVE, MINSTER ON SEA, SHEERNESS, ME12 2NF - £430,000

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

SILVER HOWE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £430,000 in October 2018, which was around 5% above the average October 2018 detached price in the Swale local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

SILVER HOWE Sold Prices

Land registry data shows three sales for SILVER HOWE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. The three SILVER HOWE sales were a mix of above the average price, and roughly equal to 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
2018 31 OCT	£430,000	£409,209	5% above HPI
2015 3 AUG	£315,000	£313,581	Close to HPI
2012 9 JUL	£260,000	£251,726	3% above HPI

SILVER HOWE 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 three SILVER HOWE sales between July 2012 and October 2018 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 August 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is SILVER HOWE?

SILVER HOWE is 66m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 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 SILVER HOWE lies on this distribution: 7% of detached houses are smaller than SILVER HOWE, and 93% of houses are larger. Note that EPC data is not available for all properties in Minster.

SILVER HOWE: Plot and Title Map

SILVER HOWE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of SILVER HOWE, 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 SILVER HOWE). 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 SILVER HOWE?

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