34, SPRINGVALE, IWADE, SITTINGBOURNE, ME9 8RX - £310,000

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

34 SPRINGVALE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £310,000 in June 2021, which was around 26% below the average June 2021 detached price in the Swale local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

34 SPRINGVALE Sold Prices

Land registry data shows four sales for 34 SPRINGVALE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four 34 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
2021 17 JUN	£310,000	£420,909	26% below HPI
2012 19 JUL	£132,000	£251,726	48% below HPI
1999 20 OCT	£62,000	£115,473	46% below HPI
1996 26 JAN	£60,000	£84,449	29% below HPI

34 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 four 34 SPRINGVALE sales between January 1996 and June 2021 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 July 2012 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 34 SPRINGVALE?

34 SPRINGVALE is 70m² according to the EPC inspection conducted in October 2011. 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 34 SPRINGVALE lies on this distribution: 3% of detached houses are smaller than 34 SPRINGVALE, and 97% of houses are larger. Note that EPC data is not available for all properties in Iwade.

34 SPRINGVALE: Plot and Title Map

34 SPRINGVALE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 34 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 34 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 34 SPRINGVALE?

34 SPRINGVALE is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 34 on SPRINGVALE.