SPRINGTIDE, SOUTHSEA AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2NH - £275,000

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

SPRINGTIDE is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £275,000 in July 2010, which was around 6% above the average July 2010 detached price in the Swale local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

SPRINGTIDE Sold Prices

Land registry data shows four sales for SPRINGTIDE 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 SPRINGTIDE 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 23 JUL	£275,000	£259,053	6% above HPI
2008 9 JUL	£285,000	£270,902	5% above HPI
2006 13 OCT	£290,000	£254,712	14% above HPI
2001 18 MAY	£139,500	£143,783	3% below HPI

SPRINGTIDE 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 SPRINGTIDE sales between May 2001 and July 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 July 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2010 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is SPRINGTIDE?

SPRINGTIDE is 94m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where SPRINGTIDE lies on this distribution: 31% of detached houses are smaller than SPRINGTIDE, and 68% of houses are larger. Note that EPC data is not available for all properties in Minster.

SPRINGTIDE: Plot and Title Map

SPRINGTIDE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of SPRINGTIDE, 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 SPRINGTIDE). 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 SPRINGTIDE?

SPRINGTIDE is located on SOUTHSEA AVENUE in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of SPRINGTIDE on SOUTHSEA AVENUE.