32, SPRINGVALE, IWADE, SITTINGBOURNE, ME9 8RX - £195,000

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

32 SPRINGVALE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £195,000 in June 2015, which was around 36% below the average June 2015 detached price in the Swale local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

32 SPRINGVALE Sold Prices

Land registry data shows two sales for 32 SPRINGVALE 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 32 SPRINGVALE 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
2015 30 JUN	£195,000	£303,644	36% below HPI
2007 16 FEB	£155,000	£259,589	40% below HPI

32 SPRINGVALE 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 32 SPRINGVALE sales from February 2007 and June 2015 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 February 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2015 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 32 SPRINGVALE?

32 SPRINGVALE is 65m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where 32 SPRINGVALE lies on this distribution: 3% of detached houses are smaller than 32 SPRINGVALE, and 97% of houses are larger. Note that EPC data is not available for all properties in Iwade.

32 SPRINGVALE: Plot and Title Map

32 SPRINGVALE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 32 SPRINGVALE, 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 32 SPRINGVALE). 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 32 SPRINGVALE?

32 SPRINGVALE is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 32 on SPRINGVALE.