3, CARDINAL CLOSE, MINSTER ON SEA, SHEERNESS, ME12 2TT - £313,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CARDINAL CLOSE is a midsized extended detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £364,321. It was last sold for £313,000 in July 2020, which was around 24% below the average July 2020 detached price in the Swale local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

3 CARDINAL CLOSE Sold Prices

Land registry data shows four sales for 3 CARDINAL 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. Most of the four 3 CARDINAL 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
2020 3 JUL	£313,000	£411,397	24% below HPI
2006 28 JUL	£269,000	£252,414	7% above HPI
2002 16 AUG	£173,000	£186,070	7% below HPI
2000 18 FEB	£115,000	£122,955	6% below HPI

3 CARDINAL 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 3 CARDINAL CLOSE sales between February 2000 and July 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 July 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 CARDINAL CLOSE be worth now?

3 CARDINAL CLOSE might now be worth an estimated £364,321.

This is based on house price inflation of 16.4%, between July 2020 and December 2024, 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 16.4% inflationary increase is applied to the most recent sale price for 3 CARDINAL CLOSE of £313,000 on 3rd July 2020. For the value to have increased from £313,000 to £364,321 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 CARDINAL CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The July 2020 sale price of £313,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CARDINAL CLOSE has not materially changed since July 2020.

How Large is 3 CARDINAL CLOSE?

3 CARDINAL CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 50% 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 3 CARDINAL CLOSE lies on this distribution: 49% of detached houses houses are smaller than 3 CARDINAL CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Minster.

3 CARDINAL CLOSE: Plot and Title Map

3 CARDINAL CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 3 CARDINAL 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 3 CARDINAL 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 3 CARDINAL CLOSE?

3 CARDINAL CLOSE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 3 on CARDINAL CLOSE.