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
5 ELM TREE AVENUE is a very large extended detached house of 177m², built sometime between 2003 and 2006. It was last sold for £450,000 in September 2018, which was around 11% above the average September 2018 detached price in the Swale local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was A.
Land registry data shows five sales for 5 ELM TREE AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the five 5 ELM TREE AVENUE 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 10 SEP | £450,000 | £405,453 | 11% above HPI |
2015 9 NOV | £375,000 | £323,097 | 16% above HPI |
2008 28 AUG | £300,000 | £268,841 | 12% above HPI |
2005 21 APR | £315,000 | £235,810 | 34% above HPI |
2004 6 AUG | £289,000 | £236,795 | 22% above HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The five 5 ELM TREE AVENUE sales between August 2004 and September 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 November 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.
5 ELM TREE AVENUE is 177m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where 5 ELM TREE AVENUE lies on this distribution: 97% of detached houses are smaller than 5 ELM TREE AVENUE, and 3% of houses are larger. Note that EPC data is not available for all properties in Iwade.
5 ELM TREE AVENUE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 5 ELM TREE AVENUE, 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 ELM TREE AVENUE). 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.
5 ELM TREE AVENUE is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 5 on ELM TREE AVENUE.