IKEJA LODGE, CLOVELLY DRIVE, MINSTER ON SEA, SHEERNESS, ME12 2SF - £310,000

IKEJA LODGE is a very large detached house of 237m², built sometime between 1976 and 1982. It was last sold for £310,000 in January 2016, which was around 5% below the average January 2016 detached price in the Swale local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

IKEJA LODGE Sold Prices

Land registry data shows three sales for IKEJA LODGE 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. One of the three IKEJA LODGE sales was for below the average price, whilst two were for above 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
2016 29 JAN	£310,000	£327,357	5% below HPI
2002 25 JAN	£170,000	£160,026	6% above HPI
1996 30 AUG	£88,500	£85,888	3% above HPI

IKEJA LODGE 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 IKEJA LODGE sales between August 1996 and January 2016 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 January 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is IKEJA LODGE?

IKEJA LODGE is 237m² according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where IKEJA LODGE lies on this distribution: 98% of detached houses are smaller than IKEJA LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Minster.

IKEJA LODGE: Plot and Title Map

IKEJA LODGE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of IKEJA LODGE, 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 IKEJA LODGE). 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 IKEJA LODGE?

IKEJA LODGE is located on CLOVELLY DRIVE in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of IKEJA LODGE on CLOVELLY DRIVE.