78, THE DRIVE, GRAVESEND, DA12 4BZ - £440,000

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

78 THE DRIVE is a small extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £440,000 in February 2018, which was around 19% below the average February 2018 detached price in the Gravesham local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

78 THE DRIVE Sold Prices

Land registry data shows two sales for 78 THE DRIVE 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. Both of the two 78 THE 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 23 FEB	£440,000	£545,297	19% below HPI
2010 21 OCT	£300,000	£335,883	11% below HPI

78 THE DRIVE 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 78 THE DRIVE sales from October 2010 and February 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 October 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 78 THE DRIVE?

78 THE DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 78 THE DRIVE lies on this distribution: 40% of detached houses are smaller than 78 THE DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

78 THE DRIVE: Plot and Title Map

78 THE DRIVE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 78 THE 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 78 THE 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 78 THE DRIVE?

78 THE DRIVE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 78 on THE DRIVE.