15, THONG LANE, GRAVESEND, DA12 4LB - £606,000

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

15 THONG LANE is a very large extended detached house of 207m², built sometime between 1950 and 1966. It was last sold for £606,000 in February 2021, which was around 7% above the average February 2021 detached price in the Gravesham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

15 THONG LANE Sold Prices

Land registry data shows three sales for 15 THONG LANE 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 15 THONG LANE sales were for above the average price, whilst one was 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
2021 26 FEB	£606,000	£567,218	7% above HPI
2015 21 MAY	£487,500	£435,430	12% above HPI
2014 21 FEB	£328,000	£371,990	12% below HPI

15 THONG LANE 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 15 THONG LANE sales between February 2014 and February 2021 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 15 THONG LANE?

15 THONG LANE is 207m², which includes three extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 10% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 15 THONG LANE lies on this distribution: 93% of detached houses are smaller than 15 THONG LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

15 THONG LANE: Plot and Title Map

15 THONG LANE sits on a plot of roughly 0.228 of an acre, or 921m². The below map shows the location of 15 THONG LANE, 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 15 THONG LANE). 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 15 THONG LANE?

15 THONG LANE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 15 on THONG LANE.