12, MOLLISON RISE, GRAVESEND, DA12 4QJ - £490,000

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.

12 MOLLISON RISE is a midsized extended detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £584,327. It was last sold for £490,000 in February 2019, which was around 7% below the average February 2019 detached price in the Gravesham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

12 MOLLISON RISE Sold Prices

Land registry data shows three sales for 12 MOLLISON RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. Two of the three 12 MOLLISON RISE sales were for below the average price, whilst one was 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
2019 28 FEB	£490,000	£527,314	7% below HPI
2002 29 JUL	£225,000	£236,971	5% below HPI
1995 28 APR	£107,500	£100,690	7% above HPI

12 MOLLISON RISE 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 three 12 MOLLISON RISE sales between April 1995 and February 2019 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 July 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 12 MOLLISON RISE be worth now?

12 MOLLISON RISE might now be worth an estimated £584,327.

This is based on house price inflation of 19.3%, between February 2019 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 19.3% inflationary increase is applied to the most recent sale price for 12 MOLLISON RISE of £490,000 on 28th February 2019. For the value to have increased from £490,000 to £584,327 over the six years to February 2025, the following assumptions must hold true:

• The value of 12 MOLLISON RISE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The February 2019 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MOLLISON RISE has not materially changed since February 2019.

How Large is 12 MOLLISON RISE?

12 MOLLISON RISE is 117m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gravesend, and where 12 MOLLISON RISE lies on this distribution: 49% of detached houses houses are smaller than 12 MOLLISON RISE, and 50% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

12 MOLLISON RISE: Plot and Title Map

12 MOLLISON RISE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 12 MOLLISON RISE, 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 12 MOLLISON RISE). 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 12 MOLLISON RISE?

12 MOLLISON RISE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 12 on MOLLISON RISE.