MEADOWLEE, SOLE STREET, GRAVESEND, DA12 3AY - £600,000

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

MEADOWLEE is a large extended detached house of 156m², built sometime between 1967 and 1975. It was last sold for £600,000 in March 2018, which was around 11% above the average March 2018 detached price in the Gravesham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was A.

MEADOWLEE Sold Prices

Land registry data shows three sales for MEADOWLEE 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 MEADOWLEE 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
2018 19 MAR	£600,000	£539,532	11% above HPI
2015 1 OCT	£600,000	£475,962	26% above HPI
1998 2 OCT	£220,500	£144,012	53% above HPI

MEADOWLEE 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 MEADOWLEE sales between October 1998 and March 2018 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 October 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is MEADOWLEE?

MEADOWLEE is 156m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Sole Street, based on EPC data. The below chart shows the distribution of detached houses by size in Sole Street, and where MEADOWLEE lies on this distribution: 65% of detached houses are smaller than MEADOWLEE, and 35% of houses are larger. Note that EPC data is not available for all properties in Sole Street.

MEADOWLEE: Plot and Title Map

MEADOWLEE sits on a plot of roughly 0.247 of an acre, or 998m². The below map shows the location of MEADOWLEE, 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 MEADOWLEE). 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 MEADOWLEE?

MEADOWLEE is located in SOLE STREET, in the DA12 postcode district. The below map shows the position of MEADOWLEE in SOLE STREET.