6, TEAL WAY, IWADE, SITTINGBOURNE, ME9 8QU - £620,000

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

6 TEAL WAY is a very large detached house of 141m², built sometime between 1996 and 2002. It was last sold for £620,000 in May 2024, which was around 32% above the average May 2024 detached price in the Swale local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

6 TEAL WAY Sold Prices

Land registry data shows three sales for 6 TEAL WAY 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 6 TEAL WAY 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
2024 15 MAY	£620,000	£468,526	32% above HPI
2015 31 JUL	£425,000	£309,659	37% above HPI
2002 25 APR	£230,000	£164,454	40% above HPI

6 TEAL WAY 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 6 TEAL WAY sales between April 2002 and May 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 July 2015 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2024 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 6 TEAL WAY?

6 TEAL WAY is 141m² according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where 6 TEAL WAY lies on this distribution: 85% of detached houses are smaller than 6 TEAL WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Iwade.

6 TEAL WAY: Plot and Title Map

6 TEAL WAY sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 6 TEAL WAY, 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 TEAL WAY). 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 TEAL WAY?

6 TEAL WAY is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 6 on TEAL WAY.