24, LAUREL AVENUE, GRAVESEND, DA12 5QP - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 LAUREL AVENUE is a small extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £420,465. It was last sold for £425,000 in October 2022, which was around 33% below the average October 2022 detached price in the Gravesham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.

24 LAUREL AVENUE Sold Prices

Land registry data shows two sales for 24 LAUREL AVENUE 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. Both of the two 24 LAUREL AVENUE 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 5 OCT	£425,000	£635,607	33% below HPI
2001 25 JUN	£145,000	£202,942	29% below HPI

24 LAUREL AVENUE 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 24 LAUREL AVENUE sales from June 2001 and October 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 June 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 24 LAUREL AVENUE be worth now?

24 LAUREL AVENUE might now be worth an estimated £420,465.

This is based on house price deflation of 1.1%, between October 2022 and February 2025, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% deflationary decrease is applied to the most recent sale price for 24 LAUREL AVENUE of £425,000 on 5th October 2022. For the value to have decreased from £425,000 to £420,465 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 LAUREL AVENUE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The October 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LAUREL AVENUE has not materially changed since October 2022.

How Large is 24 LAUREL AVENUE?

24 LAUREL AVENUE is 96m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gravesend, and where 24 LAUREL AVENUE lies on this distribution: 29% of detached houses houses are smaller than 24 LAUREL AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

24 LAUREL AVENUE: Plot and Title Map

24 LAUREL AVENUE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 24 LAUREL AVENUE, 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 24 LAUREL AVENUE). 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 24 LAUREL AVENUE?

24 LAUREL AVENUE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 24 on LAUREL AVENUE.