40, PROSPECT PLACE, GRAVESEND, DA12 2SD - £450,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

40 PROSPECT PLACE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £450,000 in November 2022, which was around 33% below the average November 2022 detached price in the Gravesham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

40 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 40 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. Both of the two 40 PROSPECT PLACE 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
2022 18 NOV	£450,000	£668,629	33% below HPI
1998 18 NOV	£85,000	£144,402	41% below HPI

40 PROSPECT PLACE 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 two 40 PROSPECT PLACE sales from November 1998 and November 2022 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 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 40 PROSPECT PLACE?

40 PROSPECT PLACE is 117m² according to the EPC inspection conducted in January 2022. This puts it in the largest 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 40 PROSPECT PLACE lies on this distribution: 49% of detached houses are smaller than 40 PROSPECT PLACE, and 50% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

40 PROSPECT PLACE: Plot and Title Map

40 PROSPECT PLACE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 40 PROSPECT PLACE, 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 40 PROSPECT PLACE). 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 40 PROSPECT PLACE?

40 PROSPECT PLACE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 40 on PROSPECT PLACE.