21, SCHOOL LANE, IWADE, SITTINGBOURNE, ME9 8RS - £353,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

21 SCHOOL LANE is a small detached house of 102m², built sometime between 2003 and 2006. It was last sold for £353,000 in August 2016, which was about the average August 2016 detached price in the Swale local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

21 SCHOOL LANE Sold Prices

Land registry data shows two sales for 21 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. One of the two 21 SCHOOL LANE sales was roughly equal to the average price, whilst the other 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
2016 31 AUG	£353,000	£353,020	Close to HPI
2011 15 APR	£287,000	£246,105	17% above HPI

21 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 21 SCHOOL LANE sales from April 2011 and August 2016 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 April 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 21 SCHOOL LANE?

21 SCHOOL LANE is 102m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where 21 SCHOOL LANE lies on this distribution: 37% of detached houses are smaller than 21 SCHOOL LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Iwade.

21 SCHOOL LANE: Plot and Title Map

21 SCHOOL LANE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 21 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 21 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 21 SCHOOL LANE?

21 SCHOOL LANE is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 21 on SCHOOL LANE.