7, SCOTCHMEN CLOSE, MINSTER ON SEA, SHEERNESS, ME12 3BX - £250,000

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 SCOTCHMEN CLOSE is a very large detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £506,446. It was last sold for £250,000 in October 2009, which was around 6% above the average October 2009 detached price in the Swale local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

7 SCOTCHMEN CLOSE Sold Prices

Land registry data shows three sales for 7 SCOTCHMEN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the three 7 SCOTCHMEN CLOSE sales were for above 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
2009 7 OCT	£250,000	£236,378	6% above HPI
2004 6 AUG	£249,995	£235,913	6% above HPI
2000 28 SEP	£145,500	£133,903	9% above HPI

7 SCOTCHMEN 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 three 7 SCOTCHMEN CLOSE sales between September 2000 and October 2009 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 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2009 sale, which was also at 6% above the HPI.

What might 7 SCOTCHMEN CLOSE be worth now?

7 SCOTCHMEN CLOSE might now be worth an estimated £506,446.

This is based on house price inflation of 102.6%, between October 2009 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 102.6% inflationary increase is applied to the most recent sale price for 7 SCOTCHMEN CLOSE of £250,000 on 7th October 2009. For the value to have increased from £250,000 to £506,446 over the fourteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 7 SCOTCHMEN CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The October 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SCOTCHMEN CLOSE has not materially changed since October 2009.

How Large is 7 SCOTCHMEN CLOSE?

7 SCOTCHMEN CLOSE is 133m² according to the EPC inspection conducted in May 2009. This puts it in the largest 20% of detached houses houses in Halfway Houses, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halfway Houses, and where 7 SCOTCHMEN CLOSE lies on this distribution: 88% of detached houses houses are smaller than 7 SCOTCHMEN CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Halfway Houses.

7 SCOTCHMEN CLOSE: Plot and Title Map

7 SCOTCHMEN CLOSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 7 SCOTCHMEN 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 SCOTCHMEN 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 SCOTCHMEN CLOSE?

7 SCOTCHMEN CLOSE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 7 on SCOTCHMEN CLOSE.