7, METEOR CLOSE, MILTON REGIS, SITTINGBOURNE, ME10 2QS - £195,000

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

7 METEOR CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £359,839. It was last sold for £195,000 in May 2013, which was around 25% below the average May 2013 detached price in the Swale local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

7 METEOR CLOSE Sold Prices

Land registry data shows two sales for 7 METEOR 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 Swale local authority area for the corresponding sale date. Both of the two 7 METEOR 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
2013 29 MAY	£195,000	£259,494	25% below HPI
2003 5 DEC	£166,000	£223,902	26% below HPI

7 METEOR 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 two 7 METEOR CLOSE sales from December 2003 and May 2013 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 December 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2013 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 7 METEOR CLOSE be worth now?

7 METEOR CLOSE might now be worth an estimated £359,839.

This is based on house price inflation of 84.5%, between May 2013 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 84.5% inflationary increase is applied to the most recent sale price for 7 METEOR CLOSE of £195,000 on 29th May 2013. For the value to have increased from £195,000 to £359,839 over the ten years and five months to December 2024, the following assumptions must hold true:

• The value of 7 METEOR CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The May 2013 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 7 METEOR CLOSE has not materially changed since May 2013.

How Large is 7 METEOR CLOSE?

7 METEOR CLOSE is 72m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses houses in Sittingbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sittingbourne, and where 7 METEOR CLOSE lies on this distribution: 5% of detached houses houses are smaller than 7 METEOR CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.

7 METEOR CLOSE: Plot and Title Map

7 METEOR CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 7 METEOR 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 7 METEOR 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 7 METEOR CLOSE?

7 METEOR CLOSE is located in MILTON REGIS, in the ME10 postcode district. The below map shows the position of No. 7 on METEOR CLOSE.