TETHEREND, WESTCLIFF DRIVE, MINSTER ON SEA, SHEERNESS, ME12 2LR - £400,000

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.

TETHEREND is a very small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £490,134. It was last sold for £400,000 in March 2020, which was around 3% above the average March 2020 detached price in the Swale local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

TETHEREND Sold Prices

Land registry data shows two sales for TETHEREND 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. One of the two TETHEREND sales was for above the average price, whilst the other was 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
2020 20 MAR	£400,000	£387,211	3% above HPI
2014 3 OCT	£285,000	£298,641	5% below HPI

TETHEREND 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 TETHEREND sales from October 2014 and March 2020 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 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might TETHEREND be worth now?

TETHEREND might now be worth an estimated £490,134.

This is based on house price inflation of 22.5%, between March 2020 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 22.5% inflationary increase is applied to the most recent sale price for TETHEREND of £400,000 on 20th March 2020. For the value to have increased from £400,000 to £490,134 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of TETHEREND has moved in line with the HPI for detached houses in the Swale local authority area.
• The March 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of TETHEREND has not materially changed since March 2020.

How Large is TETHEREND?

TETHEREND is 80m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses houses in Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minster, and where TETHEREND lies on this distribution: 17% of detached houses houses are smaller than TETHEREND, and 82% of houses are larger. Note that EPC data is not available for all properties in Minster.

TETHEREND: Plot and Title Map

TETHEREND sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of TETHEREND, 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 TETHEREND). 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 TETHEREND?

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