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

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 THE RUSSETS is a small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £575,000 in September 2021, which was around 5% below the average September 2021 detached price in the Gravesham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

45 THE RUSSETS Sold Prices

Land registry data shows three sales for 45 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. All of the three 45 THE RUSSETS 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
2021 30 SEP	£575,000	£604,020	5% below HPI
2009 19 FEB	£265,000	£308,042	14% below HPI
2006 20 JUN	£319,000	£329,222	3% below HPI

45 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 45 THE RUSSETS sales between June 2006 and September 2021 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 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 45 THE RUSSETS?

45 THE RUSSETS is 99m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Meopham, based on EPC data. The below chart shows the distribution of detached houses by size in Meopham, and where 45 THE RUSSETS lies on this distribution: 21% of detached houses are smaller than 45 THE RUSSETS, and 78% of houses are larger. Note that EPC data is not available for all properties in Meopham.

45 THE RUSSETS: Plot and Title Map

45 THE RUSSETS sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 45 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 45 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 45 THE RUSSETS?

45 THE RUSSETS is located in MEOPHAM, in the DA13 postcode district. The below map shows the position of No. 45 on THE RUSSETS.