GATES PLACE, WROTHAM ROAD, MEOPHAM, GRAVESEND, DA13 0HX - £690,000

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.

GATES PLACE is a very large detached house of 364m², which could now be worth an estimated £912,341. It was last sold for £690,000 in March 2016, which was around 45% above the average March 2016 detached price in the Gravesham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was B.

GATES PLACE Sold Prices

Land registry data shows two sales for GATES PLACE 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 GATES PLACE 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
2016 11 MAR	£690,000	£477,301	45% above HPI
2008 12 AUG	£550,000	£334,730	64% above HPI

GATES PLACE 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 GATES PLACE sales from August 2008 and March 2016 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 August 2008 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the March 2016 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might GATES PLACE be worth now?

GATES PLACE might now be worth an estimated £912,341.

This is based on house price inflation of 32.2%, between March 2016 and March 2025, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.2% inflationary increase is applied to the most recent sale price for GATES PLACE of £690,000 on 11th March 2016. For the value to have increased from £690,000 to £912,341 over the nine years to March 2025, the following assumptions must hold true:

• The value of GATES PLACE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The March 2016 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of GATES PLACE has not materially changed since March 2016.

How Large is GATES PLACE?

GATES PLACE is 364m² according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses houses in Meopham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Meopham, and where GATES PLACE lies on this distribution: 99% of detached houses houses are smaller than GATES PLACE, and 1% of houses are larger. Note that EPC data is not available for all properties in Meopham.

GATES PLACE: Plot and Title Map

GATES PLACE sits on a plot of roughly 0.305 of an acre, or 1,235m². The below map shows the location of GATES PLACE, 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 GATES PLACE). 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 GATES PLACE?

GATES PLACE is located on WROTHAM ROAD in MEOPHAM, in the DA13 postcode district. The below map shows the position of GATES PLACE on WROTHAM ROAD.