10, TEAL WAY, IWADE, SITTINGBOURNE, ME9 8QU - £422,500

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.

10 TEAL WAY is a large detached house of 121m², which could now be worth an estimated £518,844. It was last sold for £422,500 in February 2018, which was around 9% above the average February 2018 detached price in the Swale local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

10 TEAL WAY Sold Prices

Land registry data shows four sales for 10 TEAL WAY 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 10 TEAL WAY 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
2018 28 FEB	£422,500	£386,360	9% above HPI
2010 25 FEB	£272,000	£254,656	7% above HPI
2008 3 NOV	£279,000	£244,059	14% above HPI
2001 26 APR	£165,000	£141,361	17% above HPI

10 TEAL WAY 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 10 TEAL WAY sales between April 2001 and February 2018 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 2010 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2018 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 10 TEAL WAY be worth now?

10 TEAL WAY might now be worth an estimated £518,844.

This is based on house price inflation of 22.8%, between February 2018 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 22.8% inflationary increase is applied to the most recent sale price for 10 TEAL WAY of £422,500 on 28th February 2018. For the value to have increased from £422,500 to £518,844 over the seven years to February 2025, the following assumptions must hold true:

• The value of 10 TEAL WAY has moved in line with the HPI for detached houses in the Swale local authority area.
• The February 2018 sale price of £422,500 represented a fair market value for the property.
• The size, condition, and specification of 10 TEAL WAY has not materially changed since February 2018.

How Large is 10 TEAL WAY?

10 TEAL WAY is 121m² according to the EPC inspection conducted in October 2009. This puts it in the largest 30% 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 10 TEAL WAY lies on this distribution: 71% of detached houses houses are smaller than 10 TEAL WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Iwade.

10 TEAL WAY: Plot and Title Map

10 TEAL WAY sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 10 TEAL 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 10 TEAL 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 10 TEAL WAY?

10 TEAL WAY is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 10 on TEAL WAY.