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
7 ISTEAD RISE is a very large detached house of 153m², built sometime between 1950 and 1966. It was last sold for £550,000 in January 2019, which was around 1% above the average January 2019 detached price in the Gravesham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 ISTEAD RISE since 1st 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 7 ISTEAD RISE 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 |
---|---|---|---|
2019 24 JAN | £550,000 | £545,684 | 1% above HPI |
2013 25 JUL | £272,000 | £354,439 | 23% below HPI |
The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The two 7 ISTEAD RISE sales from July 2013 and January 2019 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 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.
7 ISTEAD RISE is 153m² according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses in Istead Rise, based on EPC data. The below chart shows the distribution of detached houses by size in Istead Rise, and where 7 ISTEAD RISE lies on this distribution: 80% of detached houses are smaller than 7 ISTEAD RISE, and 20% of houses are larger. Note that EPC data is not available for all properties in Istead Rise.
7 ISTEAD RISE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 7 ISTEAD RISE, 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 7 ISTEAD RISE). 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.
7 ISTEAD RISE is located in GRAVESEND, in the DA13 postcode district. The below map shows the position of No. 7 on ISTEAD RISE.