3, STILES CLOSE, MINSTER ON SEA, SHEERNESS, ME12 2TQ - £370,000

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

3 STILES CLOSE is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £370,000 in August 2022, which was around 23% below the average August 2022 detached price in the Swale local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

3 STILES CLOSE Sold Prices

Land registry data shows seven sales for 3 STILES CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the seven 3 STILES 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
2022 3 AUG	£370,000	£480,450	23% below HPI
2020 27 OCT	£317,000	£415,383	24% below HPI
2016 24 NOV	£275,000	£353,713	22% below HPI
2013 29 APR	£195,000	£256,094	24% below HPI
2004 31 AUG	£189,000	£236,795	20% below HPI
2002 6 MAR	£127,995	£163,652	22% below HPI
1998 2 OCT	£89,500	£106,453	16% below HPI

3 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 seven 3 STILES CLOSE sales between October 1998 and August 2022 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 October 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 STILES CLOSE?

3 STILES CLOSE is 95m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 3 STILES CLOSE lies on this distribution: 32% of detached houses are smaller than 3 STILES CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Minster.

3 STILES CLOSE: Plot and Title Map

3 STILES CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 3 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 3 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 3 STILES CLOSE?

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