16, PIER ROAD, NORTHFLEET, GRAVESEND, DA11 9NB - £422,500

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 PIER ROAD is a midsized extended detached house of 112m², built sometime between 2003 and 2006. It was last sold for £422,500 in June 2022, which was around 34% below the average June 2022 detached price in the Gravesham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

16 PIER ROAD Sold Prices

Land registry data shows three sales for 16 PIER ROAD 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. All of the three 16 PIER ROAD 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
2022 9 JUN	£422,500	£642,497	34% below HPI
2016 27 MAY	£370,000	£508,736	27% below HPI
2002 25 APR	£165,000	£232,558	29% below HPI

16 PIER ROAD 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 16 PIER ROAD sales between April 2002 and June 2022 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 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 16 PIER ROAD?

16 PIER ROAD is 112m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Northfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Northfleet, and where 16 PIER ROAD lies on this distribution: 59% of detached houses are smaller than 16 PIER ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Northfleet.

16 PIER ROAD: Plot and Title Map

16 PIER ROAD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 16 PIER ROAD, 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 PIER ROAD). 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 PIER ROAD?

16 PIER ROAD is located in NORTHFLEET, in the DA11 postcode district. The below map shows the position of No. 16 on PIER ROAD.