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 OLD ROAD WEST is a large extended detached house of 156m², built sometime before 1900. It was last sold for £320,000 in July 2014, which was around 18% below the average July 2014 detached price in the Gravesham local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 7 OLD ROAD WEST 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. Both of the two 7 OLD ROAD WEST 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 |
---|---|---|---|
2014 10 JUL | £320,000 | £391,813 | 18% below HPI |
1997 1 JUL | £101,500 | £127,312 | 20% 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 OLD ROAD WEST sales from July 1997 and July 2014 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 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
7 OLD ROAD WEST is 156m², which includes one extension, according to the EPC inspection conducted in January 2012. 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 7 OLD ROAD WEST lies on this distribution: 79% of detached houses are smaller than 7 OLD ROAD WEST, and 21% of houses are larger. Note that EPC data is not available for all properties in Gravesend.
7 OLD ROAD WEST sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 7 OLD ROAD WEST, 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 OLD ROAD WEST). 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 OLD ROAD WEST is located in GRAVESEND, in the DA11 postcode district. The below map shows the position of No. 7 on OLD ROAD WEST.