1, RINGLET GROVE, IWADE, SITTINGBOURNE, ME9 8XE - £375,000

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

1 RINGLET GROVE is a small detached house of 90m². It was last sold for £375,000 in March 2022, which was around 18% below the average March 2022 detached price in the Swale local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

1 RINGLET GROVE Sold Prices

Land registry data shows two sales for 1 RINGLET GROVE 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 1 RINGLET GROVE 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 25 MAR	£375,000	£457,861	18% below HPI
2015 26 MAY	£252,950	£301,357	16% below HPI

1 RINGLET GROVE 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 1 RINGLET GROVE sales from May 2015 and March 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 May 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 RINGLET GROVE?

1 RINGLET GROVE is 90m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where 1 RINGLET GROVE lies on this distribution: 22% of detached houses are smaller than 1 RINGLET GROVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Iwade.

1 RINGLET GROVE: Plot and Title Map

1 RINGLET GROVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 1 RINGLET GROVE, 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 RINGLET GROVE). 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 RINGLET GROVE?

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