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

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

CHERRYCROFT is a large detached house of 132m², built sometime between 1930 and 1949. It was last sold for £440,000 in November 2015, which was around 36% 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	£323,097	36% above HPI
2003 26 SEP	£285,000	£215,426	32% 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 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2015 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is CHERRYCROFT?

CHERRYCROFT is 132m² according to the EPC inspection conducted in November 2011. This puts it in the largest 30% of detached houses in Bobbing, based on EPC data. The below chart shows the distribution of detached houses by size in Bobbing, and where CHERRYCROFT lies on this distribution: 71% of detached houses are smaller than CHERRYCROFT, and 29% 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.