THE WILLOW, ELM LANE, MINSTER ON SEA, SHEERNESS, ME12 3SQ - £310,000

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 WILLOW is a large detached house of 147m², built sometime between 1991 and 1995. It was last sold for £310,000 in September 2017, which was around 19% below the average September 2017 detached price in the Swale local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was C.

THE WILLOW Sold Prices

Land registry data shows three sales for THE WILLOW 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. Two of the three THE WILLOW sales were for below the average price, whilst one was 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
2017 15 SEP	£310,000	£383,530	19% below HPI
2011 2 MAR	£310,000	£247,851	25% above HPI
2010 13 OCT	£120,000	£253,178	53% below HPI

THE WILLOW 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 THE WILLOW sales between October 2010 and September 2017 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 March 2011 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is THE WILLOW?

THE WILLOW is 147m² according to the EPC inspection conducted in May 2017. 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 WILLOW lies on this distribution: 76% of detached houses are smaller than THE WILLOW, and 24% of houses are larger. Note that EPC data is not available for all properties in Minster.

THE WILLOW: Plot and Title Map

THE WILLOW sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of THE WILLOW, 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 WILLOW). 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 WILLOW?

THE WILLOW is located on ELM LANE in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of THE WILLOW on ELM LANE.