41, THE RUSSETS, MEOPHAM, GRAVESEND, DA13 0HH - £575,000

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

41 THE RUSSETS is a midsized extended detached house of 123m², built sometime between 1991 and 1995. It was last sold for £575,000 in December 2020, which was about the average December 2020 detached price in the Gravesham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

41 THE RUSSETS Sold Prices

Land registry data shows three sales for 41 THE RUSSETS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. The three 41 THE RUSSETS sales were a mix of roughly equal to the average price, above the average price, and 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
2020 18 DEC	£575,000	£575,840	Close to HPI
2015 23 JUL	£340,000	£434,714	22% below HPI
2001 26 JUN	£230,000	£211,834	9% above HPI

41 THE RUSSETS 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 three 41 THE RUSSETS sales between June 2001 and December 2020 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 41 THE RUSSETS?

41 THE RUSSETS is 123m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Meopham, based on EPC data. The below chart shows the distribution of detached houses by size in Meopham, and where 41 THE RUSSETS lies on this distribution: 48% of detached houses are smaller than 41 THE RUSSETS, and 51% of houses are larger. Note that EPC data is not available for all properties in Meopham.

41 THE RUSSETS: Plot and Title Map

41 THE RUSSETS sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 41 THE RUSSETS, 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 41 THE RUSSETS). 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 41 THE RUSSETS?

41 THE RUSSETS is located in MEOPHAM, in the DA13 postcode district. The below map shows the position of No. 41 on THE RUSSETS.