SHANGRI LA, CARTERS HILL LANE, MEOPHAM, GRAVESEND, DA13 0UG - £765,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SHANGRI LA is a midsized detached house of 130m², built sometime between 1996 and 2002. It was last sold for £765,000 in February 2022, which was around 21% above the average February 2022 detached price in the Gravesham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was D.

SHANGRI LA Sold Prices

Land registry data shows three sales for SHANGRI LA 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. Two of the three SHANGRI LA sales were for above the average price, whilst one was for below 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
2022 11 FEB	£765,000	£631,776	21% above HPI
2012 20 AUG	£470,000	£346,710	36% above HPI
1996 24 SEP	£58,000	£118,196	51% below HPI

SHANGRI LA 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 SHANGRI LA sales between September 1996 and February 2022 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 August 2012 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is SHANGRI LA?

SHANGRI LA is 130m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 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 SHANGRI LA lies on this distribution: 41% of detached houses are smaller than SHANGRI LA, and 58% of houses are larger. Note that EPC data is not available for all properties in Culverstone Green.

SHANGRI LA: Plot and Title Map

SHANGRI LA sits on a plot of roughly 0.702 of an acre, or 2,841m². The below map shows the location of SHANGRI LA, 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 SHANGRI LA). 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 SHANGRI LA?

SHANGRI LA is located on CARTERS HILL LANE in MEOPHAM, in the DA13 postcode district. The below map shows the position of SHANGRI LA on CARTERS HILL LANE.