12, STILES CLOSE, MINSTER ON SEA, SHEERNESS, ME12 2TQ - £380,000

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.

12 STILES CLOSE is a small detached house of 94m², built sometime between 1991 and 1995, which could now be worth an estimated £388,250. It was last sold for £380,000 in June 2022, which was around 18% below the average June 2022 detached price in the Swale local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

12 STILES CLOSE Sold Prices

Land registry data shows two sales for 12 STILES 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 12 STILES 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
2022 24 JUN	£380,000	£464,381	18% below HPI
1998 4 DEC	£94,000	£105,097	11% below HPI

12 STILES 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 12 STILES CLOSE sales from December 1998 and June 2022 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 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 12 STILES CLOSE be worth now?

12 STILES CLOSE might now be worth an estimated £388,250.

This is based on house price inflation of 2.2%, between June 2022 and February 2025, 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 2.2% inflationary increase is applied to the most recent sale price for 12 STILES CLOSE of £380,000 on 24th June 2022. For the value to have increased from £380,000 to £388,250 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 12 STILES CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The June 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 12 STILES CLOSE has not materially changed since June 2022.

How Large is 12 STILES CLOSE?

12 STILES CLOSE is 94m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses houses in Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minster, and where 12 STILES CLOSE lies on this distribution: 31% of detached houses houses are smaller than 12 STILES CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Minster.

12 STILES CLOSE: Plot and Title Map

12 STILES CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 12 STILES 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 12 STILES 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 12 STILES CLOSE?

12 STILES CLOSE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 12 on STILES CLOSE.