BANK HOUSE, THORN HILL ROAD, WARDEN, SHEERNESS, ME12 4PB - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BANK HOUSE is a very large detached house of 170m², built sometime between 1930 and 1949, which could now be worth an estimated £546,294. It was last sold for £400,000 in September 2016, which was around 14% above the average September 2016 detached price in the Swale local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was D.

BANK HOUSE Sold Prices

Land registry data shows two sales for BANK HOUSE 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. One of the two BANK HOUSE sales was for above the average price, whilst the other was 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
2016 7 SEP	£400,000	£350,618	14% above HPI
2014 23 APR	£158,000	£274,672	42% below HPI

BANK HOUSE 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 BANK HOUSE sales from April 2014 and September 2016 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 April 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2016 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might BANK HOUSE be worth now?

BANK HOUSE might now be worth an estimated £546,294.

This is based on house price inflation of 36.6%, between September 2016 and December 2024, 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 36.6% inflationary increase is applied to the most recent sale price for BANK HOUSE of £400,000 on 7th September 2016. For the value to have increased from £400,000 to £546,294 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of BANK HOUSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The September 2016 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of BANK HOUSE has not materially changed since September 2016.

How Large is BANK HOUSE?

BANK HOUSE is 170m² according to the EPC inspection conducted in October 2013. This puts it in the largest 10% of detached houses houses in Warden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warden, and where BANK HOUSE lies on this distribution: 93% of detached houses houses are smaller than BANK HOUSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Warden.

BANK HOUSE: Plot and Title Map

BANK HOUSE sits on a plot of roughly 0.287 of an acre, or 1,161m². The below map shows the location of BANK HOUSE, 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 BANK HOUSE). 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 BANK HOUSE?

BANK HOUSE is located on THORN HILL ROAD in WARDEN, in the ME12 postcode district. The below map shows the position of BANK HOUSE on THORN HILL ROAD.