17, SCHOOL LANE, NEWINGTON, SITTINGBOURNE, ME9 7LB - £348,000

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

17 SCHOOL LANE is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £348,000 in August 2017, which was around 8% below the average August 2017 detached price in the Swale local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

17 SCHOOL LANE Sold Prices

Land registry data shows two sales for 17 SCHOOL LANE 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 17 SCHOOL LANE 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
2017 16 AUG	£348,000	£380,054	8% below HPI
2012 6 JAN	£210,000	£256,920	18% below HPI

17 SCHOOL LANE 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 17 SCHOOL LANE sales from January 2012 and August 2017 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 January 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 17 SCHOOL LANE?

17 SCHOOL LANE is 117m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Newington, based on EPC data. The below chart shows the distribution of detached houses by size in Newington, and where 17 SCHOOL LANE lies on this distribution: 50% of detached houses are smaller than 17 SCHOOL LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Newington.

17 SCHOOL LANE: Plot and Title Map

17 SCHOOL LANE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 17 SCHOOL 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 17 SCHOOL 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 17 SCHOOL LANE?

17 SCHOOL LANE is located in NEWINGTON, in the ME9 postcode district. The below map shows the position of No. 17 on SCHOOL LANE.