MERYKA, DARENTH DRIVE, GRAVESEND, DA12 4TA - £365,000

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.

MERYKA is a very large extended detached house of 192m², built sometime between 1967 and 1975, which could now be worth an estimated £703,066. It was last sold for £365,000 in July 2010, which was around 12% above the average July 2010 detached price in the Gravesham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

MERYKA Sold Prices

Land registry data shows three sales for MERYKA 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 MERYKA 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
2010 23 JUL	£365,000	£326,457	12% above HPI
1995 31 OCT	£110,000	£104,370	5% above HPI
1995 30 AUG	£120,000	£106,617	13% above HPI

MERYKA 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 MERYKA sales between August 1995 and July 2010 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 1995 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2010 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might MERYKA be worth now?

MERYKA might now be worth an estimated £703,066.

This is based on house price inflation of 92.6%, between July 2010 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 92.6% inflationary increase is applied to the most recent sale price for MERYKA of £365,000 on 23rd July 2010. For the value to have increased from £365,000 to £703,066 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of MERYKA has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The July 2010 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of MERYKA has not materially changed since July 2010.

How Large is MERYKA?

MERYKA is 192m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gravesend, and where MERYKA lies on this distribution: 90% of detached houses houses are smaller than MERYKA, and 10% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

MERYKA: Plot and Title Map

MERYKA sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of MERYKA, 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 MERYKA). 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 MERYKA?

MERYKA is located on DARENTH DRIVE in GRAVESEND, in the DA12 postcode district. The below map shows the position of MERYKA on DARENTH DRIVE.