RABAC, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA - £375,000

RABAC is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £375,000 in September 2021, which was around 11% below the average September 2021 detached price in the Swale local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

RABAC Sold Prices

Land registry data shows four sales for RABAC since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four RABAC sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2021
30 SEP
£375,000£422,457
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11% below HPI
2005
12 OCT
£189,995£245,896
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23% below HPI
2002
23 MAY
£158,000£169,265
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7% below HPI
2001
25 OCT
£115,000£157,678
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27% below HPI

RABAC 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 four RABAC sales between October 2001 and September 2021 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 October 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

RABAC, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA: Price paid vs HM Land Registry's House Price Index

How Large is RABAC?

RABAC is 77m² according to the EPC inspection conducted in June 2020. 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 RABAC lies on this distribution: 15% of detached houses are smaller than RABAC, and 85% of houses are larger. Note that EPC data is not available for all properties in Minster.

RABAC, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA: Size of property relative to detached houses in Minster

RABAC: Plot and Title Map

RABAC sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of RABAC, 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 RABAC). 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.

RABAC, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA: Plot and title map

Where is RABAC?

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

RABAC, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA: Location map and indicative extent of plot

All sales of detached houses on WAVERLEY AVENUE

ZARAMAC, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2JL
2022
9 JUN
£305,000
RABAC, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA
2021
30 SEP
£375,000
45A, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA
2021
26 FEB
£410,000
THE ORCHARD, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA
2020
14 OCT
£415,000
28, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA
2014
14 AUG
£300,000
STEVANN, 2A, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA
2005
16 DEC
£230,000
RABAC, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA
2005
12 OCT
£189,995
SANNU DA ZUWA, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA
2004
15 OCT
£170,000
RABAC, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA
2002
23 MAY
£158,000
RABAC, WAVERLEY AVENUE, MINSTER ON SEA, SHEERNESS, ME12 2SA
2001
25 OCT
£115,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.