42, CORMORANT ROAD, IWADE, SITTINGBOURNE, ME9 8WP - £303,500

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.

42 CORMORANT ROAD is a very small detached house of 88m², built sometime between 2003 and 2006, which could now be worth an estimated £409,432. It was last sold for £303,500 in August 2016, which was around 14% below the average August 2016 detached price in the Swale local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

42 CORMORANT ROAD Sold Prices

Land registry data shows two sales for 42 CORMORANT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Both of the two 42 CORMORANT ROAD 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
2016 24 AUG	£303,500	£351,706	14% below HPI
2006 27 OCT	£205,000	£253,764	19% below HPI

42 CORMORANT ROAD 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 two 42 CORMORANT ROAD sales from October 2006 and August 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 42 CORMORANT ROAD be worth now?

42 CORMORANT ROAD might now be worth an estimated £409,432.

This is based on house price inflation of 34.9%, between August 2016 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 34.9% inflationary increase is applied to the most recent sale price for 42 CORMORANT ROAD of £303,500 on 24th August 2016. For the value to have increased from £303,500 to £409,432 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 42 CORMORANT ROAD has moved in line with the HPI for detached houses in the Swale local authority area.
• The August 2016 sale price of £303,500 represented a fair market value for the property.
• The size, condition, and specification of 42 CORMORANT ROAD has not materially changed since August 2016.

How Large is 42 CORMORANT ROAD?

42 CORMORANT ROAD is 88m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 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 42 CORMORANT ROAD lies on this distribution: 20% of detached houses houses are smaller than 42 CORMORANT ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Iwade.

42 CORMORANT ROAD: Plot and Title Map

42 CORMORANT ROAD sits on a plot of roughly 0.418 of an acre, or 1,692m². The below map shows the location of 42 CORMORANT 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 42 CORMORANT 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.

Where is 42 CORMORANT ROAD?

42 CORMORANT ROAD is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 42 on CORMORANT ROAD.