41, LOVE LANE, MINSTER ON SEA, SHEERNESS, ME12 2LW - £251,000

41 LOVE LANE is a small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £251,000 in December 2015, which was around 23% below the average December 2015 detached price in the Swale local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

41 LOVE LANE Sold Prices

Land registry data shows three sales for 41 LOVE LANE 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. All of the three 41 LOVE LANE 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
2015 15 DEC	£251,000	£325,752	23% below HPI
2002 30 SEP	£165,000	£187,572	12% below HPI
1997 21 AUG	£71,000	£92,374	23% below HPI

41 LOVE LANE 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 41 LOVE LANE sales between August 1997 and December 2015 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 September 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 41 LOVE LANE?

41 LOVE LANE is 97m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 41 LOVE LANE lies on this distribution: 34% of detached houses are smaller than 41 LOVE LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Minster.

41 LOVE LANE: Plot and Title Map

41 LOVE LANE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 41 LOVE LANE, 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 41 LOVE LANE). 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 41 LOVE LANE?

41 LOVE LANE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 41 on LOVE LANE.