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
4 LONDON ROAD is a midsized detached house of 109m², built sometime between 1950 and 1966. It was last sold for £283,000 in July 2016, which was around 20% below the average July 2016 detached price in the Swale local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 4 LONDON ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Two of the three 4 LONDON ROAD sales were for below the average price, whilst one 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 |
---|---|---|---|
2016 18 JUL | £283,000 | £352,894 | 20% below HPI |
2013 24 OCT | £278,000 | £265,213 | 5% above HPI |
1996 25 OCT | £78,000 | £85,793 | 9% below HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The three 4 LONDON ROAD sales between October 1996 and July 2016 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 October 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
4 LONDON ROAD is 109m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses in Newington, based on EPC data. The below chart shows the distribution of detached houses by size in Newington, and where 4 LONDON ROAD lies on this distribution: 41% of detached houses are smaller than 4 LONDON ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Newington.
4 LONDON ROAD sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 4 LONDON ROAD, 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 4 LONDON ROAD). 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.
4 LONDON ROAD is located in NEWINGTON, in the ME9 postcode district. The below map shows the position of No. 4 on LONDON ROAD.