IONA, NORWOOD LANE, MEOPHAM, GRAVESEND, DA13 0YE - £1,206,000

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

IONA is a very large extended detached house of 190m², built sometime between 1930 and 1949. It was last sold for £1,206,000 in September 2022, which was around 84% above the average September 2022 detached price in the Gravesham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

IONA Sold Prices

Land registry data shows three sales for IONA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the three IONA 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
2022 20 SEP	£1,206,000	£656,019	84% above HPI
2019 12 MAR	£840,000	£553,032	52% above HPI
2011 20 MAY	£600,000	£344,766	74% above HPI

IONA 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 three IONA sales between May 2011 and September 2022 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 2019 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2022 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is IONA?

IONA is 190m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Meopham, based on EPC data. The below chart shows the distribution of detached houses by size in Meopham, and where IONA lies on this distribution: 84% of detached houses are smaller than IONA, and 15% of houses are larger. Note that EPC data is not available for all properties in Meopham.

IONA: Plot and Title Map

IONA sits on a plot of roughly 0.359 of an acre, or 1,454m². The below map shows the location of IONA, 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 IONA). 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 IONA?

IONA is located on NORWOOD LANE in MEOPHAM, in the DA13 postcode district. The below map shows the position of IONA on NORWOOD LANE.