LONG ACRE, PEAR TREE LANE, SHORNE, GRAVESEND, DA12 3JT - £1,500,000

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.

LONG ACRE is a very large extended detached house of 374m², built sometime between 1976 and 1982, which could now be worth an estimated £1,583,001. It was last sold for £1,500,000 in December 2021, which was around 152% above the average December 2021 detached price in the Gravesham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

LONG ACRE Sold Prices

Land registry data shows two sales for LONG ACRE 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 LONG ACRE 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
2021 16 DEC	£1,500,000	£595,853	152% above HPI
1998 5 MAY	£425,000	£131,289	224% above HPI

LONG ACRE 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 LONG ACRE sales from May 1998 and December 2021 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 1998 sale was for 224% above the HPI. So the extrapolation line tracks at 224% above the HPI over time, until the December 2021 sale, where it falls to 152% above the HPI. The line then continues to track at 152% above the HPI.

What might LONG ACRE be worth now?

LONG ACRE might now be worth an estimated £1,583,001.

This is based on house price inflation of 5.5%, between December 2021 and February 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 5.5% inflationary increase is applied to the most recent sale price for LONG ACRE of £1,500,000 on 16th December 2021. For the value to have increased from £1,500,000 to £1,583,001 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of LONG ACRE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The December 2021 sale price of £1,500,000 represented a fair market value for the property.
• The size, condition, and specification of LONG ACRE has not materially changed since December 2021.

How Large is LONG ACRE?

LONG ACRE is 374m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses houses in Higham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Higham, and where LONG ACRE lies on this distribution: 95% of detached houses houses are smaller than LONG ACRE, and 5% of houses are larger. Note that EPC data is not available for all properties in Higham.

LONG ACRE: Plot and Title Map

LONG ACRE sits on a plot of roughly 1.2 acres, or 4,940m². The below map shows the location of LONG ACRE, 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 LONG ACRE). 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 LONG ACRE?

LONG ACRE is located on PEAR TREE LANE in SHORNE, in the DA12 postcode district. The below map shows the position of LONG ACRE on PEAR TREE LANE.