1, MARR CLOSE, MINSTER ON SEA, SHEERNESS, ME12 2RQ - £68,500

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.

1 MARR CLOSE is a very small semi-detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £289,689. It was last sold for £68,500 in November 1999, which was around 9% below the average November 1999 semi-detached price in the Swale local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

1 MARR CLOSE Sold Prices

Land registry data shows two sales for 1 MARR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Swale local authority area for the corresponding sale date. One of the two 1 MARR CLOSE sales was for below the average price, whilst the other was 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
1999 26 NOV	£68,500	£74,975	9% below HPI
1997 28 FEB	£63,051	£56,687	11% above HPI

1 MARR 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 two 1 MARR CLOSE sales from February 1997 and November 1999 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 February 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 1999 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 MARR CLOSE be worth now?

1 MARR CLOSE might now be worth an estimated £289,689.

This is based on house price inflation of 322.9%, between November 1999 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 322.9% inflationary increase is applied to the most recent sale price for 1 MARR CLOSE of £68,500 on 26th November 1999. For the value to have increased from £68,500 to £289,689 over the 26 years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 MARR CLOSE has moved in line with the HPI for semi-detached houses in the Swale local authority area.
• The November 1999 sale price of £68,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MARR CLOSE has not materially changed since November 1999.

How Large is 1 MARR CLOSE?

1 MARR CLOSE is 72m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of semi-detached houses houses in Minster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Minster, and where 1 MARR CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 1 MARR CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Minster.

1 MARR CLOSE: Plot and Title Map

1 MARR CLOSE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 1 MARR 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 1 MARR 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 1 MARR CLOSE?

1 MARR CLOSE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 1 on MARR CLOSE.