3, BALAS DRIVE, SITTINGBOURNE, ME10 5AS - £155,000

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

3 BALAS DRIVE is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £155,000 in July 2002, which was around 14% below the average July 2002 detached price in the Swale local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

3 BALAS DRIVE Sold Prices

Land registry data shows two sales for 3 BALAS DRIVE 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 3 BALAS DRIVE 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
2002 5 JUL	£155,000	£180,109	14% below HPI
1999 15 DEC	£98,000	£121,186	19% below HPI

3 BALAS DRIVE 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 3 BALAS DRIVE sales from December 1999 and July 2002 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 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2002 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 BALAS DRIVE?

3 BALAS DRIVE is 84m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Sittingbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Sittingbourne, and where 3 BALAS DRIVE lies on this distribution: 15% of detached houses are smaller than 3 BALAS DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.

3 BALAS DRIVE: Plot and Title Map

3 BALAS DRIVE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 3 BALAS DRIVE, 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 3 BALAS DRIVE). 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 3 BALAS DRIVE?

3 BALAS DRIVE is located in SITTINGBOURNE, in the ME10 postcode district. The below map shows the position of No. 3 on BALAS DRIVE.