8, FERRY ROAD, IWADE, SITTINGBOURNE, ME9 8RR - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 FERRY ROAD is a very large detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £366,425. It was last sold for £315,000 in November 2018, which was around 23% below the average November 2018 detached price in the Swale local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

8 FERRY ROAD Sold Prices

Land registry data shows three sales for 8 FERRY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the three 8 FERRY ROAD 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 7 NOV	£315,000	£407,876	23% below HPI
2014 20 NOV	£247,000	£300,746	18% below HPI
2009 17 AUG	£210,000	£236,031	11% below HPI

8 FERRY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The three 8 FERRY ROAD sales between August 2009 and November 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 November 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 FERRY ROAD be worth now?

8 FERRY ROAD might now be worth an estimated £366,425.

This is based on house price inflation of 16.3%, between November 2018 and February 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.3% inflationary increase is applied to the most recent sale price for 8 FERRY ROAD of £315,000 on 7th November 2018. For the value to have increased from £315,000 to £366,425 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 FERRY ROAD has moved in line with the HPI for detached houses in the Swale local authority area.
• The November 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FERRY ROAD has not materially changed since November 2018.

How Large is 8 FERRY ROAD?

8 FERRY ROAD is 133m² according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses houses by size in Iwade, and where 8 FERRY ROAD lies on this distribution: 83% of detached houses houses are smaller than 8 FERRY ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Iwade.

8 FERRY ROAD: Plot and Title Map

8 FERRY ROAD sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 8 FERRY ROAD, 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 FERRY ROAD). 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 8 FERRY ROAD?

8 FERRY ROAD is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 8 on FERRY ROAD.