6, PARK AVENUE, GRAVESEND, DA12 1NS - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 PARK AVENUE is a midsized detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £519,428. It was last sold for £425,000 in February 2017, which was around 17% below the average February 2017 detached price in the Gravesham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

6 PARK AVENUE Sold Prices

Land registry data shows three sales for 6 PARK AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. One of the three 6 PARK AVENUE sales was for below the average price, whilst two 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
2017 24 FEB	£425,000	£514,509	17% below HPI
2009 3 JUL	£305,000	£296,172	3% above HPI
2002 29 MAY	£260,000	£226,702	15% above HPI

6 PARK AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The three 6 PARK AVENUE sales between May 2002 and February 2017 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 July 2009 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 6 PARK AVENUE be worth now?

6 PARK AVENUE might now be worth an estimated £519,428.

This is based on house price inflation of 22.2%, between February 2017 and February 2025, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for 6 PARK AVENUE of £425,000 on 24th February 2017. For the value to have increased from £425,000 to £519,428 over the eight years to February 2025, the following assumptions must hold true:

• The value of 6 PARK AVENUE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The February 2017 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PARK AVENUE has not materially changed since February 2017.

How Large is 6 PARK AVENUE?

6 PARK AVENUE is 114m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of detached houses houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gravesend, and where 6 PARK AVENUE lies on this distribution: 47% of detached houses houses are smaller than 6 PARK AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

6 PARK AVENUE: Plot and Title Map

6 PARK AVENUE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 6 PARK 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 6 PARK 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.

Where is 6 PARK AVENUE?

6 PARK AVENUE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 6 on PARK AVENUE.