62, STANGATE DRIVE, IWADE, SITTINGBOURNE, ME9 8TR - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

62 STANGATE DRIVE is a small detached house of 96m², built sometime between 2003 and 2006. It was last sold for £340,000 in July 2018, which was around 15% below the average July 2018 detached price in the Swale local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

62 STANGATE DRIVE Sold Prices

Land registry data shows four sales for 62 STANGATE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four 62 STANGATE DRIVE sales were 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
2018 6 JUL	£340,000	£398,244	15% below HPI
2014 28 NOV	£250,000	£301,869	17% below HPI
2006 3 AUG	£232,500	£253,583	8% below HPI
2004 16 NOV	£215,000	£242,612	11% below HPI

62 STANGATE DRIVE 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 four 62 STANGATE DRIVE sales between November 2004 and July 2018 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 November 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 62 STANGATE DRIVE?

62 STANGATE DRIVE is 96m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 62 STANGATE DRIVE lies on this distribution: 28% of detached houses are smaller than 62 STANGATE DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Iwade.

62 STANGATE DRIVE: Plot and Title Map

62 STANGATE DRIVE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 62 STANGATE DRIVE, 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 STANGATE DRIVE). 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 STANGATE DRIVE?

62 STANGATE DRIVE is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 62 on STANGATE DRIVE.