6, CHEESMANS CLOSE, MINSTER, RAMSGATE, CT12 4HX - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 CHEESMANS CLOSE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £220,000 in November 2012, which was around 9% below the average November 2012 detached price in the Thanet local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

6 CHEESMANS CLOSE Sold Prices

Land registry data shows two sales for 6 CHEESMANS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 6 CHEESMANS 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
2012 23 NOV	£220,000	£241,212	9% below HPI
1995 21 SEP	£38,000	£72,620	48% below HPI

6 CHEESMANS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 6 CHEESMANS CLOSE sales from September 1995 and November 2012 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 1995 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2012 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 6 CHEESMANS CLOSE?

6 CHEESMANS CLOSE is 78m² according to the EPC inspection conducted in July 2014. 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 6 CHEESMANS CLOSE lies on this distribution: 19% of detached houses are smaller than 6 CHEESMANS CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Minster.

6 CHEESMANS CLOSE: Plot and Title Map

6 CHEESMANS CLOSE sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of 6 CHEESMANS 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 6 CHEESMANS 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 6 CHEESMANS CLOSE?

6 CHEESMANS CLOSE is located in MINSTER, in the CT12 postcode district. The below map shows the position of No. 6 on CHEESMANS CLOSE.