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 LORIMAR COURT is a large detached house of 123m², built sometime between 2003 and 2006. It was last sold for £480,000 in November 2022, which was around 3% below the average November 2022 detached price in the Swale local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 LORIMAR COURT since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Both of the two 8 LORIMAR COURT 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 |
---|---|---|---|
2022 3 NOV | £480,000 | £495,807 | 3% below HPI |
2018 28 FEB | £376,000 | £387,803 | 3% below HPI |
The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 8 LORIMAR COURT sales from February 2018 and November 2022 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 February 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2022 sale, which was also at 3% below the HPI.
8 LORIMAR COURT is 123m² according to the EPC inspection conducted in October 2017. This puts it in the largest 40% 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 LORIMAR COURT lies on this distribution: 68% of detached houses are smaller than 8 LORIMAR COURT, and 31% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.
8 LORIMAR COURT sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 8 LORIMAR COURT, 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 LORIMAR COURT). 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 LORIMAR COURT is located in SITTINGBOURNE, in the ME10 postcode district. The below map shows the position of No. 8 on LORIMAR COURT.