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 CINNABAR DRIVE is a large detached house of 126m², built sometime between 1996 and 2002. It was last sold for £490,000 in January 2021, which was around 15% above the average January 2021 detached price in the Swale local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 8 CINNABAR DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. The four 8 CINNABAR DRIVE sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2021 21 JAN | £490,000 | £426,265 | 15% above HPI |
2011 13 MAY | £283,000 | £251,178 | 13% above HPI |
2006 9 FEB | £262,500 | £244,111 | 8% above HPI |
2002 20 DEC | £197,000 | £197,491 | Close to HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The four 8 CINNABAR DRIVE sales between December 2002 and January 2021 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 May 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
8 CINNABAR DRIVE is 126m² according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Sittingbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Sittingbourne, and where 8 CINNABAR DRIVE lies on this distribution: 71% of detached houses are smaller than 8 CINNABAR DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.
8 CINNABAR DRIVE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 8 CINNABAR 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 8 CINNABAR 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.
8 CINNABAR DRIVE is located in SITTINGBOURNE, in the ME10 postcode district. The below map shows the position of No. 8 on CINNABAR DRIVE.