THE VINES, SOUTHSEA AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2NH - £460,000

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 VINES is a very large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £460,000 in May 2022, which was around 1% below the average May 2022 detached price in the Swale local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

THE VINES Sold Prices

Land registry data shows two sales for THE VINES 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 THE VINES 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
2022 26 MAY	£460,000	£463,522	1% below HPI
2004 11 OCT	£215,000	£240,509	11% below HPI

THE VINES 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 VINES sales from October 2004 and May 2022 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 October 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is THE VINES?

THE VINES is 162m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 20% 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 VINES lies on this distribution: 84% of detached houses are smaller than THE VINES, and 16% of houses are larger. Note that EPC data is not available for all properties in Minster.

THE VINES: Plot and Title Map

THE VINES sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of THE VINES, 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 VINES). 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 VINES?

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