1, STILES CLOSE, MINSTER ON SEA, SHEERNESS, ME12 2TQ - £355,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 STILES CLOSE is a midsized extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £355,000 in October 2020, which was around 15% below the average October 2020 detached price in the Swale local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

1 STILES CLOSE Sold Prices

Land registry data shows three sales for 1 STILES CLOSE 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. Two of the three 1 STILES CLOSE sales were for below the average price, whilst one was 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
2020 9 OCT	£355,000	£415,383	15% below HPI
2016 16 MAY	£310,000	£348,194	11% below HPI
1998 19 JUN	£115,000	£101,472	13% above HPI

1 STILES CLOSE 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 1 STILES CLOSE sales between June 1998 and October 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 May 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 STILES CLOSE?

1 STILES CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 50% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 1 STILES CLOSE lies on this distribution: 57% of detached houses are smaller than 1 STILES CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Minster.

1 STILES CLOSE: Plot and Title Map

1 STILES CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 1 STILES CLOSE, 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 1 STILES CLOSE). 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 1 STILES CLOSE?

1 STILES CLOSE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 1 on STILES CLOSE.