45, CORMORANT ROAD, IWADE, SITTINGBOURNE, ME9 8WP - £480,000

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

45 CORMORANT ROAD is a very large detached house of 131m², built sometime between 2003 and 2006. It was last sold for £480,000 in November 2018, which was around 17% above the average November 2018 detached price in the Swale local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

45 CORMORANT ROAD Sold Prices

Land registry data shows two sales for 45 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 45 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 29 NOV	£480,000	£409,400	17% above HPI
2007 18 JUN	£330,000	£258,042	28% above HPI

45 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 45 CORMORANT ROAD sales from June 2007 and November 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 June 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 45 CORMORANT ROAD?

45 CORMORANT ROAD is 131m² according to the EPC inspection conducted in August 2010. This puts it in the largest 20% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where 45 CORMORANT ROAD lies on this distribution: 80% of detached houses are smaller than 45 CORMORANT ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Iwade.

45 CORMORANT ROAD: Plot and Title Map

45 CORMORANT ROAD sits on a plot of roughly 0.397 of an acre, or 1,605m². The below map shows the location of 45 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 45 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 45 CORMORANT ROAD?

45 CORMORANT ROAD is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 45 on CORMORANT ROAD.