Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
22 OAK TREE CLOSE is a very large detached house of 165m². It was last sold for £750,000 in March 2023, which was around 56% above the average March 2023 detached price in the Swale local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 22 OAK TREE CLOSE since 1st 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 22 OAK TREE CLOSE sales were 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 |
---|---|---|---|
2023 17 MAR | £750,000 | £481,968 | 56% above HPI |
2008 25 JAN | £530,000 | £272,450 | 95% above HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 22 OAK TREE CLOSE sales from January 2008 and March 2023 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 January 2008 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the March 2023 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.
22 OAK TREE CLOSE is 165m² according to the EPC inspection conducted in February 2017. This puts it in the largest 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 22 OAK TREE CLOSE lies on this distribution: 85% of detached houses are smaller than 22 OAK TREE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Minster.
22 OAK TREE CLOSE sits on a plot of roughly 0.270 of an acre, or 1,093m². The below map shows the location of 22 OAK TREE 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 22 OAK TREE 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.
22 OAK TREE CLOSE is located in EASTCHURCH, in the ME12 postcode district. The below map shows the position of No. 22 on OAK TREE CLOSE.