27, CORMORANT ROAD, IWADE, SITTINGBOURNE, ME9 8WP - £328,000

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

27 CORMORANT ROAD is a small semi-detached house of 103m², built sometime between 2003 and 2006. It was last sold for £328,000 in April 2021, which was around 21% below the average April 2021 detached price in the Swale local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

27 CORMORANT ROAD Sold Prices

Land registry data shows three sales for 27 CORMORANT 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 Swale local authority area for the corresponding sale date. All of the three 27 CORMORANT 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
2021 23 APR	£328,000	£416,861	21% below HPI
2014 27 JUN	£233,000	£278,449	16% below HPI
2006 15 DEC	£220,000	£255,151	14% below HPI

27 CORMORANT ROAD 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 three 27 CORMORANT ROAD sales between December 2006 and April 2021 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 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 27 CORMORANT ROAD?

27 CORMORANT ROAD is 103m² according to the EPC inspection conducted in February 2010. 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 27 CORMORANT ROAD lies on this distribution: 37% of detached houses are smaller than 27 CORMORANT ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Iwade.

27 CORMORANT ROAD: Plot and Title Map

27 CORMORANT ROAD sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 27 CORMORANT 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 27 CORMORANT 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 27 CORMORANT ROAD?

27 CORMORANT ROAD is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 27 on CORMORANT ROAD.