REDWOOD, WRENS ROAD, BORDEN, SITTINGBOURNE, ME9 8JD - £420,000

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

REDWOOD is a small extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £420,000 in August 2015, which was around 34% above the average August 2015 detached price in the Swale local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was A.

REDWOOD Sold Prices

Land registry data shows two sales for REDWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Both of the two REDWOOD 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
2015 24 AUG	£420,000	£313,581	34% above HPI
2013 7 OCT	£290,000	£265,213	9% above HPI

REDWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two REDWOOD sales from October 2013 and August 2015 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 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2015 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is REDWOOD?

REDWOOD is 104m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Borden, based on EPC data. The below chart shows the distribution of detached houses by size in Borden, and where REDWOOD lies on this distribution: 28% of detached houses are smaller than REDWOOD, and 70% of houses are larger. Note that EPC data is not available for all properties in Borden.

REDWOOD: Plot and Title Map

REDWOOD sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of REDWOOD, 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 REDWOOD). 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 REDWOOD?

REDWOOD is located on WRENS ROAD in BORDEN, in the ME9 postcode district. The below map shows the position of REDWOOD on WRENS ROAD.