GREEN BANK, RHODODENDRON AVENUE, MEOPHAM, GRAVESEND, DA13 0TU - £430,000

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

GREEN BANK is a small detached house of 120m², built sometime between 1996 and 2002. It was last sold for £430,000 in November 2014, which was around 6% above the average November 2014 detached price in the Gravesham local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

GREEN BANK Sold Prices

Land registry data shows two sales for GREEN BANK 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 GREEN BANK sales was for above the average price, whilst the other was for below 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 3 NOV	£430,000	£407,475	6% above HPI
1997 21 FEB	£24,000	£120,886	80% below HPI

GREEN BANK 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 GREEN BANK sales from February 1997 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 February 1997 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the November 2014 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is GREEN BANK?

GREEN BANK is 120m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% 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 GREEN BANK lies on this distribution: 35% of detached houses are smaller than GREEN BANK, and 65% of houses are larger. Note that EPC data is not available for all properties in Culverstone Green.

GREEN BANK: Plot and Title Map

GREEN BANK sits on a plot of roughly 0.236 of an acre, or 954m². The below map shows the location of GREEN BANK, 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 GREEN BANK). 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 GREEN BANK?

GREEN BANK is located on RHODODENDRON AVENUE in MEOPHAM, in the DA13 postcode district. The below map shows the position of GREEN BANK on RHODODENDRON AVENUE.