59, CORMORANT ROAD, IWADE, SITTINGBOURNE, ME9 8WP - £425,000

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

59 CORMORANT ROAD is a large extended detached house of 121m², built sometime between 2003 and 2006. It was last sold for £425,000 in November 2020, which was about the average November 2020 detached price in the Swale local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

59 CORMORANT ROAD Sold Prices

Land registry data shows three sales for 59 CORMORANT ROAD 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. The three 59 CORMORANT ROAD sales were a mix of roughly equal to the average price, and 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
2020 27 NOV	£425,000	£425,471	Close to HPI
2017 6 JUN	£385,000	£372,818	3% above HPI
2006 5 MAY	£250,000	£244,277	2% above HPI

59 CORMORANT ROAD 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 59 CORMORANT ROAD sales between May 2006 and November 2020 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 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 59 CORMORANT ROAD?

59 CORMORANT ROAD is 121m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where 59 CORMORANT ROAD lies on this distribution: 70% of detached houses are smaller than 59 CORMORANT ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Iwade.

59 CORMORANT ROAD: Plot and Title Map

59 CORMORANT ROAD sits on a plot of roughly 0.889 of an acre, or 3,598m². The below map shows the location of 59 CORMORANT ROAD, 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 59 CORMORANT ROAD). 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 59 CORMORANT ROAD?

59 CORMORANT ROAD is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 59 on CORMORANT ROAD.