10, LABWORTH CLOSE, MINSTER ON SEA, SHEERNESS, ME12 3HP - £162,000

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

10 LABWORTH CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £162,000 in May 2014, which was around 41% below the average May 2014 detached price in the Swale local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

10 LABWORTH CLOSE Sold Prices

Land registry data shows two sales for 10 LABWORTH CLOSE 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 10 LABWORTH CLOSE 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
2014 28 MAY	£162,000	£276,578	41% below HPI
2007 14 FEB	£175,500	£259,589	32% below HPI

10 LABWORTH 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 two 10 LABWORTH CLOSE sales from February 2007 and May 2014 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 February 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2014 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 10 LABWORTH CLOSE?

10 LABWORTH CLOSE is 69m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Halfway Houses, based on EPC data. The below chart shows the distribution of detached houses by size in Halfway Houses, and where 10 LABWORTH CLOSE lies on this distribution: 8% of detached houses are smaller than 10 LABWORTH CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Halfway Houses.

10 LABWORTH CLOSE: Plot and Title Map

10 LABWORTH CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 10 LABWORTH 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 10 LABWORTH 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 10 LABWORTH CLOSE?

10 LABWORTH CLOSE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 10 on LABWORTH CLOSE.