Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
13 DRAKE AVENUE is a small semi-detached house of 93m², built sometime between 1976 and 1982. It was last sold for £175,000 in July 2013, which was around 31% below the average July 2013 detached price in the Swale local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 13 DRAKE AVENUE since 1st 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. All of the three 13 DRAKE AVENUE 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 |
---|---|---|---|
2013 19 JUL | £175,000 | £254,788 | 31% below HPI |
2012 31 AUG | £170,000 | £250,741 | 32% below HPI |
2000 28 APR | £68,000 | £122,919 | 45% below HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The three 13 DRAKE AVENUE sales between April 2000 and July 2013 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 August 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2013 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
13 DRAKE AVENUE is 93m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 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 13 DRAKE AVENUE lies on this distribution: 30% of detached houses are smaller than 13 DRAKE AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Minster.
13 DRAKE AVENUE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 13 DRAKE AVENUE, 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 13 DRAKE AVENUE). 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.
13 DRAKE AVENUE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 13 on DRAKE AVENUE.