SCANIA, WISES LANE, BORDEN, SITTINGBOURNE, ME9 8LP - £400,000

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.

SCANIA is a small detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £465,301. It was last sold for £400,000 in November 2018, which was around 2% below the average November 2018 detached price in the Swale local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

SCANIA Sold Prices

Land registry data shows three sales for SCANIA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. One of the three SCANIA sales was for below the average price, whilst two 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 30 NOV	£400,000	£407,876	2% below HPI
2015 24 FEB	£341,000	£294,356	16% above HPI
1996 15 AUG	£113,500	£85,568	33% above HPI

SCANIA 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 three SCANIA sales between August 1996 and November 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 February 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might SCANIA be worth now?

SCANIA might now be worth an estimated £465,301.

This is based on house price inflation of 16.3%, between November 2018 and February 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.3% inflationary increase is applied to the most recent sale price for SCANIA of £400,000 on 30th November 2018. For the value to have increased from £400,000 to £465,301 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of SCANIA has moved in line with the HPI for detached houses in the Swale local authority area.
• The November 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of SCANIA has not materially changed since November 2018.

How Large is SCANIA?

SCANIA is 105m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 40% of detached houses houses in Borden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borden, and where SCANIA lies on this distribution: 31% of detached houses houses are smaller than SCANIA, and 69% of houses are larger. Note that EPC data is not available for all properties in Borden.

SCANIA: Plot and Title Map

SCANIA sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of SCANIA, 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 SCANIA). 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 SCANIA?

SCANIA is located on WISES LANE in BORDEN, in the ME9 postcode district. The below map shows the position of SCANIA on WISES LANE.