GREENWADE, IWADE ROAD, NEWINGTON, SITTINGBOURNE, ME9 7JY - £249,000

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

GREENWADE is a very large extended detached house of 219m², built sometime between 1950 and 1966. It was last sold for £249,000 in April 2013, which was around 3% below the average April 2013 detached price in the Swale local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

GREENWADE Sold Prices

Land registry data shows two sales for GREENWADE 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. One of the two GREENWADE 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
2013 18 APR	£249,000	£256,094	3% below HPI
2000 5 MAY	£165,000	£122,997	34% above HPI

GREENWADE 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 GREENWADE sales from May 2000 and April 2013 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 2000 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2013 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is GREENWADE?

GREENWADE is 219m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses in Newington, based on EPC data. The below chart shows the distribution of detached houses by size in Newington, and where GREENWADE lies on this distribution: 93% of detached houses are smaller than GREENWADE, and 7% of houses are larger. Note that EPC data is not available for all properties in Newington.

GREENWADE: Plot and Title Map

GREENWADE sits on a plot of roughly 0.416 of an acre, or 1,683m². The below map shows the location of GREENWADE, 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 GREENWADE). 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 GREENWADE?

GREENWADE is located on IWADE ROAD in NEWINGTON, in the ME9 postcode district. The below map shows the position of GREENWADE on IWADE ROAD.