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
8 BRIGHTLANDS is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £210,000 in September 2014, which was around 48% below the average September 2014 detached price in the Gravesham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 BRIGHTLANDS 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 8 BRIGHTLANDS 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 12 SEP | £210,000 | £406,078 | 48% below HPI |
1999 20 AUG | £76,000 | £158,478 | 52% 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 8 BRIGHTLANDS sales from August 1999 and September 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 August 1999 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2014 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.
8 BRIGHTLANDS is 59m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Northfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Northfleet, and where 8 BRIGHTLANDS lies on this distribution: 2% of detached houses are smaller than 8 BRIGHTLANDS, and 98% of houses are larger. Note that EPC data is not available for all properties in Northfleet.
8 BRIGHTLANDS sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 8 BRIGHTLANDS, 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 8 BRIGHTLANDS). 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.
8 BRIGHTLANDS is located in NORTHFLEET, in the DA11 postcode district. The below map shows the position of No. 8 on BRIGHTLANDS.