3, THE LAPWINGS, GRAVESEND, DA12 5QH - £500,000

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 THE LAPWINGS is a midsized extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £500,000 in March 2020, which was around 9% below the average March 2020 detached price in the Gravesham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

3 THE LAPWINGS Sold Prices

Land registry data shows three sales for 3 THE LAPWINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the three 3 THE LAPWINGS 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 20 MAR	£500,000	£551,969	9% below HPI
2004 30 NOV	£312,500	£314,359	1% below HPI
1997 29 AUG	£125,000	£131,631	5% below HPI

3 THE LAPWINGS 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 three 3 THE LAPWINGS sales between August 1997 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 November 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 THE LAPWINGS?

3 THE LAPWINGS is 110m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 3 THE LAPWINGS lies on this distribution: 42% of detached houses are smaller than 3 THE LAPWINGS, and 58% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

3 THE LAPWINGS: Plot and Title Map

3 THE LAPWINGS sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 THE LAPWINGS, 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 THE LAPWINGS). 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 THE LAPWINGS?

3 THE LAPWINGS is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 3 on THE LAPWINGS.