21, THONG LANE, GRAVESEND, DA12 4LB - £460,000

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

21 THONG LANE is a small extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £460,000 in August 2016, which was around 11% below the average August 2016 detached price in the Gravesham local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

21 THONG LANE Sold Prices

Land registry data shows two sales for 21 THONG 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 Gravesham local authority area for the corresponding sale date. One of the two 21 THONG LANE sales was for below 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 18 AUG	£460,000	£518,566	11% below HPI
2009 11 DEC	£330,000	£318,596	4% above HPI

21 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 two 21 THONG LANE sales from December 2009 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 December 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 21 THONG LANE?

21 THONG LANE is 106m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 40% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 21 THONG LANE lies on this distribution: 39% of detached houses are smaller than 21 THONG LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

21 THONG LANE: Plot and Title Map

21 THONG LANE sits on a plot of roughly 0.211 of an acre, or 856m². The below map shows the location of 21 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 21 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 21 THONG LANE?

21 THONG LANE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 21 on THONG LANE.