62, BULL LANE, NEWINGTON, SITTINGBOURNE, ME9 7NA - £485,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

62 BULL LANE is a large extended detached house of 134m², built sometime between 1930 and 1949, which could now be worth an estimated £564,522. It was last sold for £485,000 in July 2020, which was around 18% above the average July 2020 detached price in the Swale local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

62 BULL LANE Sold Prices

Land registry data shows two sales for 62 BULL LANE since 1^st 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. One of the two 62 BULL LANE sales was for above the average price, whilst the other was 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
2020 14 JUL	£485,000	£411,397	18% above HPI
2009 30 JUN	£190,000	£227,514	16% below HPI

62 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 two 62 BULL LANE sales from June 2009 and July 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 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 62 BULL LANE be worth now?

62 BULL LANE might now be worth an estimated £564,522.

This is based on house price inflation of 16.4%, between July 2020 and December 2024, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 62 BULL LANE of £485,000 on 14th July 2020. For the value to have increased from £485,000 to £564,522 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 62 BULL LANE has moved in line with the HPI for detached houses in the Swale local authority area.
• The July 2020 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 62 BULL LANE has not materially changed since July 2020.

How Large is 62 BULL LANE?

62 BULL LANE is 134m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses houses in Newington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newington, and where 62 BULL LANE lies on this distribution: 61% of detached houses houses are smaller than 62 BULL LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Newington.

62 BULL LANE: Plot and Title Map

62 BULL LANE sits on a plot of roughly 0.313 of an acre, or 1,267m². The below map shows the location of 62 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 62 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 62 BULL LANE?

62 BULL LANE is located in NEWINGTON, in the ME9 postcode district. The below map shows the position of No. 62 on BULL LANE.