CHERRYCROFT, PARSONAGE LANE, BOBBING, SITTINGBOURNE, ME9 8PZ - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHERRYCROFT is a large detached house of 132m², built sometime between 1930 and 1949, which could now be worth an estimated £648,548. It was last sold for £440,000 in November 2015, which was around 37% above the average November 2015 detached price in the Swale local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

CHERRYCROFT Sold Prices

Land registry data shows two sales for CHERRYCROFT 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 CHERRYCROFT 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
2015 4 NOV	£440,000	£321,894	37% above HPI
2003 26 SEP	£285,000	£214,624	33% above HPI

CHERRYCROFT 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 CHERRYCROFT sales from September 2003 and November 2015 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 September 2003 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the November 2015 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might CHERRYCROFT be worth now?

CHERRYCROFT might now be worth an estimated £648,548.

This is based on house price inflation of 47.4%, between November 2015 and February 2025, 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 47.4% inflationary increase is applied to the most recent sale price for CHERRYCROFT of £440,000 on 4th November 2015. For the value to have increased from £440,000 to £648,548 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of CHERRYCROFT has moved in line with the HPI for detached houses in the Swale local authority area.
• The November 2015 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRYCROFT has not materially changed since November 2015.

How Large is CHERRYCROFT?

CHERRYCROFT is 132m² according to the EPC inspection conducted in November 2011. This puts it in the largest 40% of detached houses houses in Bobbing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bobbing, and where CHERRYCROFT lies on this distribution: 68% of detached houses houses are smaller than CHERRYCROFT, and 32% of houses are larger. Note that EPC data is not available for all properties in Bobbing.

CHERRYCROFT: Plot and Title Map

CHERRYCROFT sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of CHERRYCROFT, 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 CHERRYCROFT). 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 CHERRYCROFT?

CHERRYCROFT is located on PARSONAGE LANE in BOBBING, in the ME9 postcode district. The below map shows the position of CHERRYCROFT on PARSONAGE LANE.