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
53 BALAS DRIVE is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £365,000 in February 2024, which was around 23% below the average February 2024 detached price in the Swale local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 53 BALAS DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Both of the two 53 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 9 FEB | £365,000 | £471,891 | 23% below HPI |
2000 23 JUN | £113,000 | £126,788 | 11% below HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 53 BALAS DRIVE sales from June 2000 and February 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 June 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
53 BALAS DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Sittingbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Sittingbourne, and where 53 BALAS DRIVE lies on this distribution: 15% of detached houses are smaller than 53 BALAS DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.
53 BALAS DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 53 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 53 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.
53 BALAS DRIVE is located in SITTINGBOURNE, in the ME10 postcode district. The below map shows the position of No. 53 on BALAS DRIVE.