FAIROAK, WILLOW WALK, MEOPHAM, GRAVESEND, DA13 0QS - £532,500

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

FAIROAK is a midsized extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £532,500 in November 2014, which was around 31% above the average November 2014 detached price in the Gravesham local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

FAIROAK Sold Prices

Land registry data shows two sales for FAIROAK 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. Both of the two FAIROAK 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
2014 14 NOV	£532,500	£407,475	31% above HPI
2004 15 MAR	£320,000	£307,393	4% above HPI

FAIROAK 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 FAIROAK sales from March 2004 and November 2014 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 March 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2014 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is FAIROAK?

FAIROAK is 143m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses in Culverstone Green, based on EPC data. The below chart shows the distribution of detached houses by size in Culverstone Green, and where FAIROAK lies on this distribution: 55% of detached houses are smaller than FAIROAK, and 44% of houses are larger. Note that EPC data is not available for all properties in Culverstone Green.

FAIROAK: Plot and Title Map

FAIROAK sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of FAIROAK, 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 FAIROAK). 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 FAIROAK?

FAIROAK is located on WILLOW WALK in MEOPHAM, in the DA13 postcode district. The below map shows the position of FAIROAK on WILLOW WALK.