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
48 WALLBRIDGE LANE is a midsized extended detached house of 150m², built sometime between 1930 and 1949. It was last sold for £312,000 in April 2021, which was around 25% below the average April 2021 detached price in the Swale local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 48 WALLBRIDGE LANE since 1st 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. two of the four 48 WALLBRIDGE LANE sales were for below the average price, and four 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 |
---|---|---|---|
2021 19 APR | £312,000 | £416,861 | 25% below HPI |
2019 21 OCT | £255,000 | £409,099 | 38% below HPI |
2000 30 JUN | £193,000 | £126,788 | 52% above HPI |
1997 14 APR | £126,000 | £89,216 | 41% above HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The four 48 WALLBRIDGE LANE sales between April 1997 and April 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 October 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
48 WALLBRIDGE LANE is 150m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in Upchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Upchurch, and where 48 WALLBRIDGE LANE lies on this distribution: 55% of detached houses are smaller than 48 WALLBRIDGE LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Upchurch.
48 WALLBRIDGE LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 48 WALLBRIDGE 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 48 WALLBRIDGE 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.
48 WALLBRIDGE LANE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 48 on WALLBRIDGE LANE.