17, MILLS CLOSE, MINSTER ON SEA, SHEERNESS, ME12 2RJ - £300,000

17 MILLS CLOSE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £300,000 in June 2021, which was around 29% below the average June 2021 detached price in the Swale local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

17 MILLS CLOSE Sold Prices

Land registry data shows five sales for 17 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 17 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
2021 30 JUN	£300,000	£420,909	29% below HPI
2014 17 OCT	£214,016	£299,756	29% below HPI
2007 5 NOV	£206,000	£278,131	26% below HPI
1999 7 JUN	£83,000	£113,033	27% below HPI
1995 24 NOV	£71,950	£79,272	9% below HPI

17 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 17 MILLS CLOSE sales between November 1995 and June 2021 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 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, which was also at 29% below the HPI.

How Large is 17 MILLS CLOSE?

17 MILLS CLOSE is 80m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of detached houses in Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Minster, and where 17 MILLS CLOSE lies on this distribution: 18% of detached houses are smaller than 17 MILLS CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Minster.

17 MILLS CLOSE: Plot and Title Map

17 MILLS CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 17 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 17 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 17 MILLS CLOSE?

17 MILLS CLOSE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 17 on MILLS CLOSE.