7, MARR CLOSE, MINSTER ON SEA, SHEERNESS, ME12 2RQ - £349,000

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.

7 MARR CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £366,809. It was last sold for £349,000 in July 2024, which was around 23% below the average July 2024 detached price in the Swale local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

7 MARR CLOSE Sold Prices

Land registry data shows five sales for 7 MARR 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 7 MARR 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
2024 5 JUL	£349,000	£452,771	23% below HPI
2022 25 MAR	£335,000	£456,158	27% below HPI
2005 24 JUN	£178,500	£232,301	23% below HPI
2000 10 FEB	£84,500	£122,955	31% below HPI
1997 21 MAR	£68,000	£88,745	23% below HPI

7 MARR 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 7 MARR CLOSE sales between March 1997 and July 2024 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 March 2022 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 7 MARR CLOSE be worth now?

7 MARR CLOSE might now be worth an estimated £366,809.

This is based on house price inflation of 5.1%, between July 2024 and March 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 5.1% inflationary increase is applied to the most recent sale price for 7 MARR CLOSE of £349,000 on 5th July 2024. For the value to have increased from £349,000 to £366,809 over the one year and four months to March 2025, the following assumptions must hold true:

• The value of 7 MARR CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The July 2024 sale price of £349,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MARR CLOSE has not materially changed since July 2024.

How Large is 7 MARR CLOSE?

7 MARR CLOSE is 73m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% 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 7 MARR CLOSE lies on this distribution: 11% of detached houses houses are smaller than 7 MARR CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Minster.

7 MARR CLOSE: Plot and Title Map

7 MARR CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 7 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 7 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 7 MARR CLOSE?

7 MARR CLOSE is located in MINSTER ON SEA, in the ME12 postcode district. The below map shows the position of No. 7 on MARR CLOSE.