CHERRY TREES, MILTON AVENUE, GRAVESEND, DA12 1QL - £345,000

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

CHERRY TREES is a large extended detached house of 144m², built sometime between 1976 and 1982, which could now be worth an estimated £671,475. It was last sold for £345,000 in June 2010, which was around 7% above the average June 2010 detached price in the Gravesham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

CHERRY TREES Sold Prices

Land registry data shows three sales for CHERRY TREES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the three CHERRY TREES sales were for above 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
2010 21 JUN	£345,000	£323,739	7% above HPI
2007 10 JAN	£372,500	£318,584	17% above HPI
1999 3 SEP	£178,000	£151,438	18% above HPI

CHERRY TREES 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 three CHERRY TREES sales between September 1999 and June 2010 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 January 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2010 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might CHERRY TREES be worth now?

CHERRY TREES might now be worth an estimated £671,475.

This is based on house price inflation of 94.6%, between June 2010 and December 2024, 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 94.6% inflationary increase is applied to the most recent sale price for CHERRY TREES of £345,000 on 21st June 2010. For the value to have increased from £345,000 to £671,475 over the thirteen years and six months to December 2024, the following assumptions must hold true:

• The value of CHERRY TREES has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The June 2010 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREES has not materially changed since June 2010.

How Large is CHERRY TREES?

CHERRY TREES is 144m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 30% of detached houses houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gravesend, and where CHERRY TREES lies on this distribution: 72% of detached houses houses are smaller than CHERRY TREES, and 28% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of CHERRY TREES, 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 CHERRY TREES). 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 CHERRY TREES?

CHERRY TREES is located on MILTON AVENUE in GRAVESEND, in the DA12 postcode district. The below map shows the position of CHERRY TREES on MILTON AVENUE.