3, GREENSHANKS, IWADE, SITTINGBOURNE, ME9 8PY - £380,000

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 GREENSHANKS is a large detached house of 118m², built sometime between 1996 and 2002. It was last sold for £380,000 in October 2017, which was around 4% below the average October 2017 detached price in the Swale local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

3 GREENSHANKS Sold Prices

Land registry data shows two sales for 3 GREENSHANKS 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 3 GREENSHANKS 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
2017 25 OCT	£380,000	£394,896	4% below HPI
2001 24 AUG	£169,000	£150,668	12% above HPI

3 GREENSHANKS 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 GREENSHANKS sales from August 2001 and October 2017 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 August 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2017 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 GREENSHANKS?

3 GREENSHANKS is 118m² according to the EPC inspection conducted in February 2017. This puts it in the largest 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 3 GREENSHANKS lies on this distribution: 67% of detached houses are smaller than 3 GREENSHANKS, and 32% of houses are larger. Note that EPC data is not available for all properties in Iwade.

3 GREENSHANKS: Plot and Title Map

3 GREENSHANKS sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 3 GREENSHANKS, 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 GREENSHANKS). 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 GREENSHANKS?

3 GREENSHANKS is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 3 on GREENSHANKS.