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
88 OLD ROAD EAST is a very large extended detached house of 166m², built sometime between 1967 and 1975. It was last sold for £700,000 in November 2021, which was around 12% above the average November 2021 detached price in the Gravesham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 88 OLD ROAD EAST 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. One of the two 88 OLD ROAD EAST sales was for above the average price, whilst the other was 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 5 NOV | £700,000 | £624,406 | 12% above HPI |
2004 16 AUG | £310,000 | £310,216 | Close to HPI |
The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The two 88 OLD ROAD EAST sales from August 2004 and November 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 August 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.
88 OLD ROAD EAST is 166m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 88 OLD ROAD EAST lies on this distribution: 84% of detached houses are smaller than 88 OLD ROAD EAST, and 16% of houses are larger. Note that EPC data is not available for all properties in Gravesend.
88 OLD ROAD EAST sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 88 OLD ROAD EAST, 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 88 OLD ROAD EAST). 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.
88 OLD ROAD EAST is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 88 on OLD ROAD EAST.