15, LEET CLOSE, EASTCHURCH, SHEERNESS, ME12 4EE - £427,500

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

15 LEET CLOSE is a large detached house of 153m², built sometime between 1996 and 2002. It was last sold for £427,500 in March 2016, which was around 26% above the average March 2016 detached price in the Swale local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

15 LEET CLOSE Sold Prices

Land registry data shows four sales for 15 LEET CLOSE since 1^st 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 15 LEET CLOSE sales were 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
2016 18 MAR	£427,500	£338,657	26% above HPI
2012 7 SEP	£340,000	£253,852	34% above HPI
2011 15 APR	£285,000	£246,105	16% above HPI
2004 30 JUN	£345,000	£230,614	50% above HPI

15 LEET 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 four 15 LEET CLOSE sales between June 2004 and March 2016 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 September 2012 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2016 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 15 LEET CLOSE?

15 LEET CLOSE is 153m² according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 15 LEET CLOSE lies on this distribution: 78% of detached houses are smaller than 15 LEET CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Minster.

15 LEET CLOSE: Plot and Title Map

15 LEET CLOSE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 15 LEET 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 15 LEET 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 15 LEET CLOSE?

15 LEET CLOSE is located in EASTCHURCH, in the ME12 postcode district. The below map shows the position of No. 15 on LEET CLOSE.