ELMO, NORWOOD LANE, MEOPHAM, GRAVESEND, DA13 0YE - £470,000

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

ELMO is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £470,000 in May 2019, which was around 13% below the average May 2019 detached price in the Gravesham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

ELMO Sold Prices

Land registry data shows two sales for ELMO since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. One of the two ELMO sales was for below the average price, whilst the other was 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
2019 1 MAY	£470,000	£541,728	13% below HPI
2000 25 FEB	£270,000	£166,680	62% above HPI

ELMO 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 two ELMO sales from February 2000 and May 2019 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 February 2000 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the May 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is ELMO?

ELMO is 140m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses in Meopham, based on EPC data. The below chart shows the distribution of detached houses by size in Meopham, and where ELMO lies on this distribution: 60% of detached houses are smaller than ELMO, and 38% of houses are larger. Note that EPC data is not available for all properties in Meopham.

ELMO: Plot and Title Map

ELMO sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of ELMO, 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 ELMO). 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 ELMO?

ELMO is located on NORWOOD LANE in MEOPHAM, in the DA13 postcode district. The below map shows the position of ELMO on NORWOOD LANE.