6, BANNER WAY, MINSTER ON SEA, SHEERNESS, ME12 3AX - £197,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 BANNER WAY is a small extended detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £396,202. It was last sold for £197,000 in August 2004, which was around 16% below the average August 2004 detached price in the Swale local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.

6 BANNER WAY Sold Prices

Land registry data shows three sales for 6 BANNER WAY 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 6 BANNER WAY 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
2004 12 AUG	£197,000	£235,913	16% below HPI
2003 25 JUN	£135,000	£215,917	37% below HPI
1998 8 DEC	£61,000	£105,097	42% below HPI

6 BANNER WAY 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 6 BANNER WAY sales between December 1998 and August 2004 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 June 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2004 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 6 BANNER WAY be worth now?

6 BANNER WAY might now be worth an estimated £396,202.

This is based on house price inflation of 101.1%, between August 2004 and February 2025, 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 101.1% inflationary increase is applied to the most recent sale price for 6 BANNER WAY of £197,000 on 12th August 2004. For the value to have increased from £197,000 to £396,202 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of 6 BANNER WAY has moved in line with the HPI for detached houses in the Swale local authority area.
• The August 2004 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BANNER WAY has not materially changed since August 2004.

How Large is 6 BANNER WAY?

6 BANNER WAY is 89m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses houses in Halfway Houses, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halfway Houses, and where 6 BANNER WAY lies on this distribution: 35% of detached houses houses are smaller than 6 BANNER WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Halfway Houses.

6 BANNER WAY: Plot and Title Map

6 BANNER WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 6 BANNER WAY, 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 6 BANNER WAY). 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 6 BANNER WAY?

6 BANNER WAY is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 6 on BANNER WAY.