18, DRAKE AVENUE, MINSTER ON SEA, SHEERNESS, ME12 3SA - £300,000

18 DRAKE AVENUE is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £300,000 in November 2018, which was around 27% below the average November 2018 detached price in the Swale local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

18 DRAKE AVENUE Sold Prices

Land registry data shows two sales for 18 DRAKE AVENUE 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 18 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
2018 7 NOV	£300,000	£409,400	27% below HPI
2004 22 JUL	£215,000	£235,498	9% below HPI

18 DRAKE AVENUE 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 18 DRAKE AVENUE sales from July 2004 and November 2018 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 July 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 DRAKE AVENUE?

18 DRAKE AVENUE is 112m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 18 DRAKE AVENUE lies on this distribution: 49% of detached houses are smaller than 18 DRAKE AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Minster.

18 DRAKE AVENUE: Plot and Title Map

18 DRAKE AVENUE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 18 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 18 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.

Where is 18 DRAKE AVENUE?

18 DRAKE AVENUE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 18 on DRAKE AVENUE.