56, BULL LANE, NEWINGTON, SITTINGBOURNE, ME9 7NA - £500,000

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

56 BULL LANE is a midsized extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £500,000 in September 2023, which was around 6% above the average September 2023 detached price in the Swale local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

56 BULL LANE Sold Prices

Land registry data shows three sales for 56 BULL 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 Swale local authority area for the corresponding sale date. All of the three 56 BULL LANE 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
2023 22 SEP	£500,000	£470,647	6% above HPI
2006 17 AUG	£290,000	£253,583	14% above HPI
1997 20 OCT	£137,000	£99,862	37% above HPI

56 BULL LANE 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 three 56 BULL LANE sales between October 1997 and September 2023 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 August 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 56 BULL LANE?

56 BULL LANE is 119m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Newington, based on EPC data. The below chart shows the distribution of detached houses by size in Newington, and where 56 BULL LANE lies on this distribution: 52% of detached houses are smaller than 56 BULL LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Newington.

56 BULL LANE: Plot and Title Map

56 BULL LANE sits on a plot of roughly 0.269 of an acre, or 1,090m². The below map shows the location of 56 BULL 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 56 BULL 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 56 BULL LANE?

56 BULL LANE is located in NEWINGTON, in the ME9 postcode district. The below map shows the position of No. 56 on BULL LANE.