10, MILLS CLOSE, MINSTER ON SEA, SHEERNESS, ME12 2RJ - £250,000

10 MILLS CLOSE is a small detached house of 98m², built sometime between 1991 and 1995. It was last sold for £250,000 in March 2015, which was around 16% below the average March 2015 detached price in the Swale local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

10 MILLS CLOSE Sold Prices

Land registry data shows two sales for 10 MILLS 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 10 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
2015 27 MAR	£250,000	£298,565	16% below HPI
1996 31 OCT	£84,950	£85,793	1% below HPI

10 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 two 10 MILLS CLOSE sales from October 1996 and March 2015 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 October 1996 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 10 MILLS CLOSE?

10 MILLS CLOSE is 98m² according to the EPC inspection conducted in November 2014. 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 10 MILLS CLOSE lies on this distribution: 35% of detached houses are smaller than 10 MILLS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Minster.

10 MILLS CLOSE: Plot and Title Map

10 MILLS CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 10 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 10 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 10 MILLS CLOSE?

10 MILLS CLOSE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 10 on MILLS CLOSE.