90, SCHOOL LANE, IWADE, SITTINGBOURNE, ME9 8SG - £415,000

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

90 SCHOOL LANE is a midsized extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £415,000 in April 2023, which was around 12% below the average April 2023 detached price in the Swale local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

90 SCHOOL LANE Sold Prices

Land registry data shows two sales for 90 SCHOOL LANE since 1^st 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 90 SCHOOL LANE 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
2023 28 APR	£415,000	£473,448	12% below HPI
2016 12 MAY	£315,000	£348,194	10% below HPI

90 SCHOOL LANE 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 two 90 SCHOOL LANE sales from May 2016 and April 2023 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 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 90 SCHOOL LANE?

90 SCHOOL LANE is 104m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where 90 SCHOOL LANE lies on this distribution: 41% of detached houses are smaller than 90 SCHOOL LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Iwade.

90 SCHOOL LANE: Plot and Title Map

90 SCHOOL LANE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 90 SCHOOL LANE, 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 90 SCHOOL LANE). 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 90 SCHOOL LANE?

90 SCHOOL LANE is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 90 on SCHOOL LANE.