MEIN TRAUM, SOUTHSEA AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2NH - £320,000

MEIN TRAUM is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £320,000 in July 2018, which was around 20% below the average July 2018 detached price in the Swale local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

MEIN TRAUM Sold Prices

Land registry data shows two sales for MEIN TRAUM 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 MEIN TRAUM 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 10 JUL	£320,000	£398,244	20% below HPI
2008 30 JUN	£205,000	£269,505	24% below HPI

MEIN TRAUM 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 MEIN TRAUM sales from June 2008 and July 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 June 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is MEIN TRAUM?

MEIN TRAUM is 80m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where MEIN TRAUM lies on this distribution: 18% of detached houses are smaller than MEIN TRAUM, and 82% of houses are larger. Note that EPC data is not available for all properties in Minster.

MEIN TRAUM: Plot and Title Map

MEIN TRAUM sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of MEIN TRAUM, 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 MEIN TRAUM). 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 MEIN TRAUM?

MEIN TRAUM is located on SOUTHSEA AVENUE in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of MEIN TRAUM on SOUTHSEA AVENUE.