GORLEY, WISES LANE, BORDEN, SITTINGBOURNE, ME9 8LP - £410,000

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.

GORLEY is a small detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £495,219. It was last sold for £410,000 in June 2019, which was around 4% above the average June 2019 detached price in the Swale local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

GORLEY Sold Prices

Land registry data shows two sales for GORLEY 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 GORLEY 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
2019 26 JUN	£410,000	£392,816	4% above HPI
2002 28 MAY	£225,000	£168,635	33% above HPI

GORLEY 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 GORLEY sales from May 2002 and June 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 May 2002 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2019 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might GORLEY be worth now?

GORLEY might now be worth an estimated £495,219.

This is based on house price inflation of 20.8%, between June 2019 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 20.8% inflationary increase is applied to the most recent sale price for GORLEY of £410,000 on 26th June 2019. For the value to have increased from £410,000 to £495,219 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of GORLEY has moved in line with the HPI for detached houses in the Swale local authority area.
• The June 2019 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of GORLEY has not materially changed since June 2019.

How Large is GORLEY?

GORLEY is 97m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses houses in Borden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borden, and where GORLEY lies on this distribution: 20% of detached houses houses are smaller than GORLEY, and 80% of houses are larger. Note that EPC data is not available for all properties in Borden.

GORLEY: Plot and Title Map

GORLEY sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of GORLEY, 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 GORLEY). 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 GORLEY?

GORLEY is located on WISES LANE in BORDEN, in the ME9 postcode district. The below map shows the position of GORLEY on WISES LANE.