TRIOKA, SILVERDALE AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2EW - £370,000

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

TRIOKA is a small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £366,783. It was last sold for £370,000 in September 2022, which was around 23% below the average September 2022 detached price in the Swale local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

TRIOKA Sold Prices

Land registry data shows two sales for TRIOKA 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 TRIOKA 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 30 SEP	£370,000	£483,051	23% below HPI
2015 27 NOV	£220,000	£321,894	32% below HPI

TRIOKA 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 TRIOKA sales from November 2015 and September 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 November 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might TRIOKA be worth now?

TRIOKA might now be worth an estimated £366,783.

This is based on house price deflation of 0.9%, between September 2022 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 0.9% deflationary decrease is applied to the most recent sale price for TRIOKA of £370,000 on 30th September 2022. For the value to have decreased from £370,000 to £366,783 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of TRIOKA has moved in line with the HPI for detached houses in the Swale local authority area.
• The September 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of TRIOKA has not materially changed since September 2022.

How Large is TRIOKA?

TRIOKA is 84m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% 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 TRIOKA lies on this distribution: 22% of detached houses houses are smaller than TRIOKA, and 77% of houses are larger. Note that EPC data is not available for all properties in Minster.

TRIOKA: Plot and Title Map

TRIOKA sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of TRIOKA, 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 TRIOKA). 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 TRIOKA?

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