PIPS GLEN, VALLEY LANE, MEOPHAM, GRAVESEND, DA13 0DQ - £365,000

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

PIPS GLEN is a midsized extended detached house of 143m², built sometime between 1996 and 2002. It was last sold for £365,000 in September 2014, which was around 10% below the average September 2014 detached price in the Gravesham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was D.

PIPS GLEN Sold Prices

Land registry data shows two sales for PIPS GLEN 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. One of the two PIPS GLEN 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
2014 22 SEP	£365,000	£406,078	10% below HPI
2000 29 SEP	£249,000	£200,076	24% above HPI

PIPS GLEN 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 PIPS GLEN sales from September 2000 and September 2014 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 September 2000 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is PIPS GLEN?

PIPS GLEN is 143m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 50% of detached houses in Culverstone Green, based on EPC data. The below chart shows the distribution of detached houses by size in Culverstone Green, and where PIPS GLEN lies on this distribution: 55% of detached houses are smaller than PIPS GLEN, and 44% of houses are larger. Note that EPC data is not available for all properties in Culverstone Green.

PIPS GLEN: Plot and Title Map

PIPS GLEN sits on a plot of roughly 0.201 of an acre, or 813m². The below map shows the location of PIPS GLEN, 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 PIPS GLEN). 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 PIPS GLEN?

PIPS GLEN is located on VALLEY LANE in MEOPHAM, in the DA13 postcode district. The below map shows the position of PIPS GLEN on VALLEY LANE.