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

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

CHERRY TREES is a large extended detached house of 144m², built sometime between 1976 and 1982. It was last sold for £345,000 in June 2010, which was around 2% 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	£337,925	2% above HPI
2007 10 JAN	£372,500	£332,544	12% above HPI
1999 3 SEP	£178,000	£158,074	13% 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2010 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

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 in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where CHERRY TREES lies on this distribution: 72% of detached 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 0.079 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.