16, OAK CLOSE, BORDEN, SITTINGBOURNE, ME9 7BF - £329,000

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

16 OAK CLOSE is a large detached house of 158m², built sometime from 2007 onwards. It was last sold for £329,000 in August 2015, which was around 5% above the average August 2015 detached price in the Swale local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

16 OAK CLOSE Sold Prices

Land registry data shows two sales for 16 OAK CLOSE 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 16 OAK CLOSE 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
2015 28 AUG	£329,000	£313,581	5% above HPI
2010 2 JUL	£280,000	£259,053	8% above HPI

16 OAK CLOSE 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 16 OAK CLOSE sales from July 2010 and August 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 July 2010 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2015 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 16 OAK CLOSE?

16 OAK CLOSE is 158m² according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Danaway, based on EPC data. The below chart shows the distribution of detached houses by size in Danaway, and where 16 OAK CLOSE lies on this distribution: 70% of detached houses are smaller than 16 OAK CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Danaway.

16 OAK CLOSE: Plot and Title Map

16 OAK CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 16 OAK CLOSE, 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 16 OAK CLOSE). 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 16 OAK CLOSE?

16 OAK CLOSE is located in BORDEN, in the ME9 postcode district. The below map shows the position of No. 16 on OAK CLOSE.