1, GREENSHANKS, IWADE, SITTINGBOURNE, ME9 8PY - £425,000

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.

1 GREENSHANKS is a very large extended detached house of 180m², built sometime between 1996 and 2002, which could now be worth an estimated £573,339. It was last sold for £425,000 in August 2016, which was around 21% above the average August 2016 detached price in the Swale local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was C.

1 GREENSHANKS Sold Prices

Land registry data shows four sales for 1 GREENSHANKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four 1 GREENSHANKS 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
2016 2 AUG	£425,000	£351,706	21% above HPI
2007 23 FEB	£312,500	£258,623	21% above HPI
2002 12 MAY	£235,000	£168,635	39% above HPI
2001 14 SEP	£199,950	£152,544	31% above HPI

1 GREENSHANKS 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 four 1 GREENSHANKS sales between September 2001 and August 2016 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 February 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2016 sale, which was also at 21% above the HPI.

What might 1 GREENSHANKS be worth now?

1 GREENSHANKS might now be worth an estimated £573,339.

This is based on house price inflation of 34.9%, between August 2016 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 34.9% inflationary increase is applied to the most recent sale price for 1 GREENSHANKS of £425,000 on 2nd August 2016. For the value to have increased from £425,000 to £573,339 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 1 GREENSHANKS has moved in line with the HPI for detached houses in the Swale local authority area.
• The August 2016 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREENSHANKS has not materially changed since August 2016.

How Large is 1 GREENSHANKS?

1 GREENSHANKS is 180m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses houses by size in Iwade, and where 1 GREENSHANKS lies on this distribution: 97% of detached houses houses are smaller than 1 GREENSHANKS, and 3% of houses are larger. Note that EPC data is not available for all properties in Iwade.

1 GREENSHANKS: Plot and Title Map

1 GREENSHANKS sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 1 GREENSHANKS, 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 1 GREENSHANKS). 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 1 GREENSHANKS?

1 GREENSHANKS is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 1 on GREENSHANKS.