40, TEAL WAY, IWADE, SITTINGBOURNE, ME9 8QU - £249,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 TEAL WAY is a very large detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £480,627. It was last sold for £249,995 in February 2012, which was around 1% above the average February 2012 detached price in the Swale local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

40 TEAL WAY Sold Prices

Land registry data shows five sales for 40 TEAL WAY since 1^st 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. The five 40 TEAL WAY sales were a mix of above the average price, and roughly equal to 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
2012 27 FEB	£249,995	£246,789	1% above HPI
2005 1 SEP	£249,995	£247,947	1% above HPI
2004 8 OCT	£240,000	£239,614	Close to HPI
2003 23 DEC	£250,000	£223,902	12% above HPI
2002 28 MAR	£175,000	£163,043	7% above HPI

40 TEAL WAY 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 five 40 TEAL WAY sales between March 2002 and February 2012 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 September 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2012 sale, which was also at 1% above the HPI.

What might 40 TEAL WAY be worth now?

40 TEAL WAY might now be worth an estimated £480,627.

This is based on house price inflation of 92.3%, between February 2012 and February 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.3% inflationary increase is applied to the most recent sale price for 40 TEAL WAY of £249,995 on 27th February 2012. For the value to have increased from £249,995 to £480,627 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 40 TEAL WAY has moved in line with the HPI for detached houses in the Swale local authority area.
• The February 2012 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 40 TEAL WAY has not materially changed since February 2012.

How Large is 40 TEAL WAY?

40 TEAL WAY is 145m² according to the EPC inspection conducted in July 2010. This puts it in the largest 20% of detached houses houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses houses by size in Iwade, and where 40 TEAL WAY lies on this distribution: 87% of detached houses houses are smaller than 40 TEAL WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Iwade.

40 TEAL WAY: Plot and Title Map

40 TEAL WAY sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 40 TEAL WAY, 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 TEAL WAY). 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 TEAL WAY?

40 TEAL WAY is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 40 on TEAL WAY.