5, BALAS DRIVE, SITTINGBOURNE, ME10 5AS - £450,000

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

5 BALAS DRIVE is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £450,000 in January 2024, which was around 5% below the average January 2024 detached price in the Swale local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

5 BALAS DRIVE Sold Prices

Land registry data shows four sales for 5 BALAS DRIVE 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 5 BALAS DRIVE 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
2024 19 JAN	£450,000	£474,098	5% below HPI
2018 21 MAR	£350,000	£390,903	10% below HPI
2006 24 MAY	£239,995	£244,277	2% below HPI
1999 10 DEC	£128,000	£121,186	6% above HPI

5 BALAS DRIVE 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 5 BALAS DRIVE sales between December 1999 and January 2024 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 March 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 BALAS DRIVE?

5 BALAS DRIVE is 100m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Sittingbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Sittingbourne, and where 5 BALAS DRIVE lies on this distribution: 37% of detached houses are smaller than 5 BALAS DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.

5 BALAS DRIVE: Plot and Title Map

5 BALAS DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 5 BALAS DRIVE, 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 5 BALAS DRIVE). 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 5 BALAS DRIVE?

5 BALAS DRIVE is located in SITTINGBOURNE, in the ME10 postcode district. The below map shows the position of No. 5 on BALAS DRIVE.