1, SORREL WAY, NORTHFLEET, GRAVESEND, DA11 8TE - £330,000

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 SORREL WAY is a midsized detached house of 112m², built sometime between 1991 and 1995, which could now be worth an estimated £454,872. It was last sold for £330,000 in November 2015, which was around 28% below the average November 2015 detached price in the Gravesham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

1 SORREL WAY Sold Prices

Land registry data shows two sales for 1 SORREL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. Both of the two 1 SORREL WAY 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
2015 26 NOV	£330,000	£456,198	28% below HPI
1998 16 DEC	£55,000	£135,144	59% below HPI

1 SORREL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The two 1 SORREL WAY sales from December 1998 and November 2015 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 December 1998 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the November 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1 SORREL WAY be worth now?

1 SORREL WAY might now be worth an estimated £454,872.

This is based on house price inflation of 37.8%, between November 2015 and February 2025, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.8% inflationary increase is applied to the most recent sale price for 1 SORREL WAY of £330,000 on 26th November 2015. For the value to have increased from £330,000 to £454,872 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 SORREL WAY has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The November 2015 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SORREL WAY has not materially changed since November 2015.

How Large is 1 SORREL WAY?

1 SORREL WAY is 112m² according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses houses in Northfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northfleet, and where 1 SORREL WAY lies on this distribution: 59% of detached houses houses are smaller than 1 SORREL WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Northfleet.

1 SORREL WAY: Plot and Title Map

1 SORREL WAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 1 SORREL WAY, 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 SORREL WAY). 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 SORREL WAY?

1 SORREL WAY is located in NORTHFLEET, in the DA11 postcode district. The below map shows the position of No. 1 on SORREL WAY.