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

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

SPRINGTIDE is a small detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £510,229. It was last sold for £275,000 in July 2010, which was around 7% 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	£258,088	7% above HPI
2008 9 JUL	£285,000	£269,894	6% above HPI
2006 13 OCT	£290,000	£253,764	14% above HPI
2001 18 MAY	£139,500	£143,248	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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2010 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might SPRINGTIDE be worth now?

SPRINGTIDE might now be worth an estimated £510,229.

This is based on house price inflation of 85.5%, between July 2010 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 85.5% inflationary increase is applied to the most recent sale price for SPRINGTIDE of £275,000 on 23rd July 2010. For the value to have increased from £275,000 to £510,229 over the thirteen years and seven months to December 2024, the following assumptions must hold true:

• The value of SPRINGTIDE has moved in line with the HPI for detached houses in the Swale local authority area.
• The July 2010 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGTIDE has not materially changed since July 2010.

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 houses in Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minster, and where SPRINGTIDE lies on this distribution: 31% of detached houses 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.