3, MONKS WELL, GREENHITHE, DA9 9GR - £450,000

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

3 MONKS WELL is a midsized detached house of 115m², built sometime between 2003 and 2006. It was last sold for £450,000 in March 2020, which was around 22% below the average March 2020 detached price in the Dartford local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

3 MONKS WELL Sold Prices

Land registry data shows four sales for 3 MONKS WELL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dartford local authority area for the corresponding sale date. All of the four 3 MONKS WELL 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
2020 26 MAR	£450,000	£573,788	22% below HPI
2014 2 MAY	£328,000	£401,570	18% below HPI
2006 8 DEC	£318,000	£339,936	6% below HPI
2003 13 MAR	£246,995	£294,467	16% below HPI

3 MONKS WELL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dartford local authority area over time, sourced from the HPI. The four 3 MONKS WELL sales between March 2003 and March 2020 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 May 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 MONKS WELL?

3 MONKS WELL is 115m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of detached houses in Swanscombe, based on EPC data. The below chart shows the distribution of detached houses by size in Swanscombe, and where 3 MONKS WELL lies on this distribution: 46% of detached houses are smaller than 3 MONKS WELL, and 53% of houses are larger. Note that EPC data is not available for all properties in Swanscombe.

3 MONKS WELL: Plot and Title Map

3 MONKS WELL sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 3 MONKS WELL, 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 MONKS WELL). 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 MONKS WELL?

3 MONKS WELL is located in GREENHITHE, in the DA9 postcode district. The below map shows the position of No. 3 on MONKS WELL.