47, NEW HOUSE LANE, GRAVESEND, DA11 7LP - £300,000

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

47 NEW HOUSE LANE is a very large extended detached house of 174m², built sometime between 1900 and 1929. It was last sold for £300,000 in August 2019, which was around 45% below the average August 2019 detached price in the Gravesham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

47 NEW HOUSE LANE Sold Prices

Land registry data shows three sales for 47 NEW HOUSE LANE 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 47 NEW HOUSE LANE 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
2019 30 AUG	£300,000	£541,489	45% below HPI
2008 23 MAY	£285,000	£362,726	21% below HPI
2002 8 MAY	£210,000	£236,635	11% below HPI

47 NEW HOUSE LANE 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 47 NEW HOUSE LANE sales between May 2002 and August 2019 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 May 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2019 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 47 NEW HOUSE LANE?

47 NEW HOUSE LANE is 174m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 47 NEW HOUSE LANE lies on this distribution: 87% of detached houses are smaller than 47 NEW HOUSE LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

47 NEW HOUSE LANE: Plot and Title Map

47 NEW HOUSE LANE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 47 NEW HOUSE LANE, 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 47 NEW HOUSE LANE). 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 47 NEW HOUSE LANE?

47 NEW HOUSE LANE is located in GRAVESEND, in the DA11 postcode district. The below map shows the position of No. 47 on NEW HOUSE LANE.