62, THONG LANE, GRAVESEND, DA12 4LD - £515,000

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 THONG LANE is a large extended detached house of 146m², built sometime between 1930 and 1949. It was last sold for £515,000 in October 2018, which was around 7% below the average October 2018 detached price in the Gravesham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

62 THONG LANE Sold Prices

Land registry data shows two sales for 62 THONG 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 Gravesham local authority area for the corresponding sale date. One of the two 62 THONG LANE sales was for below the average price, whilst the other was 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
2018 19 OCT	£515,000	£553,488	7% below HPI
1996 12 NOV	£134,000	£118,201	13% above HPI

62 THONG LANE 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 two 62 THONG LANE sales from November 1996 and October 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 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 62 THONG LANE?

62 THONG LANE is 146m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 30% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 62 THONG LANE lies on this distribution: 74% of detached houses are smaller than 62 THONG LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

62 THONG LANE: Plot and Title Map

62 THONG LANE sits on a plot of roughly 0.204 of an acre, or 825m². The below map shows the location of 62 THONG 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 THONG 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 THONG LANE?

62 THONG LANE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 62 on THONG LANE.