56, HUGH PRICE CLOSE, MURSTON, SITTINGBOURNE, ME10 3AS - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

56 HUGH PRICE CLOSE is a very small semi-detached house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £249,575. It was last sold for £220,000 in September 2021, which was around 21% below the average September 2021 semi-detached price in the Swale local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

56 HUGH PRICE CLOSE Sold Prices

Land registry data shows four sales for 56 HUGH PRICE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Swale local authority area for the corresponding sale date. All of the four 56 HUGH PRICE 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
2021 29 SEP	£220,000	£279,499	21% below HPI
2017 29 AUG	£175,000	£250,330	30% below HPI
1998 28 JAN	£42,000	£62,298	33% below HPI
1995 5 JUN	£42,000	£55,191	24% below HPI

56 HUGH PRICE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Swale local authority area over time, sourced from the HPI. The four 56 HUGH PRICE CLOSE sales between June 1995 and September 2021 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 August 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 56 HUGH PRICE CLOSE be worth now?

56 HUGH PRICE CLOSE might now be worth an estimated £249,575.

This is based on house price inflation of 13.4%, between September 2021 and February 2025, for semi-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 13.4% inflationary increase is applied to the most recent sale price for 56 HUGH PRICE CLOSE of £220,000 on 29th September 2021. For the value to have increased from £220,000 to £249,575 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 56 HUGH PRICE CLOSE has moved in line with the HPI for semi-detached houses in the Swale local authority area.
• The September 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 56 HUGH PRICE CLOSE has not materially changed since September 2021.

How Large is 56 HUGH PRICE CLOSE?

56 HUGH PRICE CLOSE is 48m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of semi-detached houses houses in Sittingbourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sittingbourne, and where 56 HUGH PRICE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 56 HUGH PRICE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.

56 HUGH PRICE CLOSE: Plot and Title Map

56 HUGH PRICE CLOSE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 56 HUGH PRICE 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 56 HUGH PRICE 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 56 HUGH PRICE CLOSE?

56 HUGH PRICE CLOSE is located in MURSTON, in the ME10 postcode district. The below map shows the position of No. 56 on HUGH PRICE CLOSE.