43, CORMORANT ROAD, IWADE, SITTINGBOURNE, ME9 8WP - £386,000

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

43 CORMORANT ROAD is a large extended detached house of 129m², built sometime between 2003 and 2006. It was last sold for £386,000 in June 2018, which was around 4% below the average June 2018 detached price in the Swale local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was C.

43 CORMORANT ROAD Sold Prices

Land registry data shows four sales for 43 CORMORANT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Most of the four 43 CORMORANT ROAD sales were for above 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
2018 15 JUN	£386,000	£403,300	4% below HPI
2012 20 FEB	£270,000	£247,711	9% above HPI
2009 6 NOV	£284,995	£239,077	19% above HPI
2007 13 JUN	£292,500	£258,042	13% above HPI

43 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 four 43 CORMORANT ROAD sales between June 2007 and June 2018 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 February 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 43 CORMORANT ROAD?

43 CORMORANT ROAD is 129m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where 43 CORMORANT ROAD lies on this distribution: 78% of detached houses are smaller than 43 CORMORANT ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Iwade.

43 CORMORANT ROAD: Plot and Title Map

43 CORMORANT ROAD sits on a plot of roughly 0.397 of an acre, or 1,605m². The below map shows the location of 43 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 43 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 43 CORMORANT ROAD?

43 CORMORANT ROAD is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 43 on CORMORANT ROAD.