8, GRANGEWAYS CLOSE, NORTHFLEET, GRAVESEND, DA11 8NX - £349,000

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 GRANGEWAYS CLOSE is a small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £414,218. It was last sold for £349,000 in March 2019, which was around 34% below the average March 2019 detached price in the Gravesham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

8 GRANGEWAYS CLOSE Sold Prices

Land registry data shows two sales for 8 GRANGEWAYS CLOSE 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 8 GRANGEWAYS CLOSE 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
2019 14 MAR	£349,000	£529,817	34% below HPI
2001 21 JUN	£135,000	£202,942	33% below HPI

8 GRANGEWAYS CLOSE 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 8 GRANGEWAYS CLOSE sales from June 2001 and March 2019 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 June 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 8 GRANGEWAYS CLOSE be worth now?

8 GRANGEWAYS CLOSE might now be worth an estimated £414,218.

This is based on house price inflation of 18.7%, between March 2019 and February 2025, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.7% inflationary increase is applied to the most recent sale price for 8 GRANGEWAYS CLOSE of £349,000 on 14th March 2019. For the value to have increased from £349,000 to £414,218 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 8 GRANGEWAYS CLOSE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The March 2019 sale price of £349,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GRANGEWAYS CLOSE has not materially changed since March 2019.

How Large is 8 GRANGEWAYS CLOSE?

8 GRANGEWAYS CLOSE is 91m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses houses in Northfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northfleet, and where 8 GRANGEWAYS CLOSE lies on this distribution: 30% of detached houses houses are smaller than 8 GRANGEWAYS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Northfleet.

8 GRANGEWAYS CLOSE: Plot and Title Map

8 GRANGEWAYS CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 8 GRANGEWAYS CLOSE, 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 GRANGEWAYS CLOSE). 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 GRANGEWAYS CLOSE?

8 GRANGEWAYS CLOSE is located in NORTHFLEET, in the DA11 postcode district. The below map shows the position of No. 8 on GRANGEWAYS CLOSE.