THE GAMBLES, SAXON AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2RP - £270,000

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

THE GAMBLES is a large extended detached house of 152m², built sometime between 1967 and 1975. It was last sold for £270,000 in February 2014, which was around 3% below the average February 2014 detached price in the Swale local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

THE GAMBLES Sold Prices

Land registry data shows two sales for THE GAMBLES 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. One of the two THE GAMBLES sales was for below the average price, whilst the other was 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
2014 14 FEB	£270,000	£278,957	3% below HPI
2010 28 JAN	£249,995	£250,906	Close to HPI

THE GAMBLES 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 THE GAMBLES sales from January 2010 and February 2014 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 January 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2014 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is THE GAMBLES?

THE GAMBLES is 152m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 30% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where THE GAMBLES lies on this distribution: 78% of detached houses are smaller than THE GAMBLES, and 22% of houses are larger. Note that EPC data is not available for all properties in Minster.

THE GAMBLES: Plot and Title Map

THE GAMBLES sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of THE GAMBLES, 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 THE GAMBLES). 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 THE GAMBLES?

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