9, MILLS CLOSE, MINSTER ON SEA, SHEERNESS, ME12 2RJ - £281,000

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

9 MILLS CLOSE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £281,000 in December 2017, which was around 28% below the average December 2017 detached price in the Swale local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

9 MILLS CLOSE Sold Prices

Land registry data shows five sales for 9 MILLS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the five 9 MILLS 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
2017 8 DEC	£281,000	£392,175	28% below HPI
2012 12 JUL	£159,995	£251,726	36% below HPI
2009 21 DEC	£174,000	£243,720	29% below HPI
2006 16 NOV	£200,000	£257,736	22% below HPI
1996 1 JUL	£71,950	£84,888	15% below HPI

9 MILLS 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 five 9 MILLS CLOSE sales between July 1996 and December 2017 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 July 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 9 MILLS CLOSE?

9 MILLS CLOSE is 96m² according to the EPC inspection conducted in December 2011. 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 9 MILLS CLOSE lies on this distribution: 34% of detached houses are smaller than 9 MILLS CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Minster.

9 MILLS CLOSE: Plot and Title Map

9 MILLS CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 9 MILLS 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 9 MILLS 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 9 MILLS CLOSE?

9 MILLS CLOSE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 9 on MILLS CLOSE.