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
4 TOURMALINE DRIVE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £370,000 in December 2023, which was around 22% below the average December 2023 detached price in the Swale local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 4 TOURMALINE DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the five 4 TOURMALINE DRIVE 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 |
---|---|---|---|
2023 1 DEC | £370,000 | £474,627 | 22% below HPI |
2019 24 JUN | £272,000 | £394,283 | 31% below HPI |
2004 14 JUN | £175,000 | £230,614 | 24% below HPI |
2002 18 DEC | £139,000 | £197,491 | 30% below HPI |
2000 15 SEP | £111,950 | £134,404 | 17% below HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The five 4 TOURMALINE DRIVE sales between September 2000 and December 2023 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 June 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
4 TOURMALINE DRIVE is 81m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in Sittingbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Sittingbourne, and where 4 TOURMALINE DRIVE lies on this distribution: 11% of detached houses are smaller than 4 TOURMALINE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.
4 TOURMALINE DRIVE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 4 TOURMALINE DRIVE, 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 TOURMALINE DRIVE). 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 TOURMALINE DRIVE is located in SITTINGBOURNE, in the ME10 postcode district. The below map shows the position of No. 4 on TOURMALINE DRIVE.