13, MILLS CLOSE, MINSTER ON SEA, SHEERNESS, ME12 2RJ - £105,000

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

13 MILLS CLOSE is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £105,000 in April 2001, which was around 26% below the average April 2001 detached price in the Swale local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

13 MILLS CLOSE Sold Prices

Land registry data shows three sales for 13 MILLS 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. All of the three 13 MILLS 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
2001 20 APR	£105,000	£141,889	26% below HPI
1997 3 NOV	£78,000	£101,617	23% below HPI
1996 11 APR	£69,950	£81,761	14% below HPI

13 MILLS 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 13 MILLS CLOSE sales between April 1996 and April 2001 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 November 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2001 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 13 MILLS CLOSE?

13 MILLS CLOSE is 78m² according to the EPC inspection conducted in November 2016. 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 13 MILLS CLOSE lies on this distribution: 16% of detached houses are smaller than 13 MILLS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Minster.

13 MILLS CLOSE: Plot and Title Map

13 MILLS CLOSE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 13 MILLS 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 13 MILLS 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 13 MILLS CLOSE?

13 MILLS CLOSE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 13 on MILLS CLOSE.