SPRINGHILL, PEAR TREE LANE, SHORNE, GRAVESEND, DA12 3JT - £1,350,000

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.

SPRINGHILL is a very large extended detached house of 269m², built sometime between 1967 and 1975, which could now be worth an estimated £1,642,451. It was last sold for £1,350,000 in March 2017, which was around 161% above the average March 2017 detached price in the Gravesham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

SPRINGHILL Sold Prices

Land registry data shows two sales for SPRINGHILL 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. Both of the two SPRINGHILL 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
2017 31 MAR	£1,350,000	£516,857	161% above HPI
2008 17 MAR	£690,000	£347,967	98% above HPI

SPRINGHILL 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 SPRINGHILL sales from March 2008 and March 2017 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 March 2008 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the March 2017 sale, where it rises to 161% above the HPI. The line then continues to track at 161% above the HPI.

What might SPRINGHILL be worth now?

SPRINGHILL might now be worth an estimated £1,642,451.

This is based on house price inflation of 21.7%, between March 2017 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 21.7% inflationary increase is applied to the most recent sale price for SPRINGHILL of £1,350,000 on 31st March 2017. For the value to have increased from £1,350,000 to £1,642,451 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of SPRINGHILL has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The March 2017 sale price of £1,350,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGHILL has not materially changed since March 2017.

How Large is SPRINGHILL?

SPRINGHILL is 269m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses houses in Higham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Higham, and where SPRINGHILL lies on this distribution: 90% of detached houses houses are smaller than SPRINGHILL, and 10% of houses are larger. Note that EPC data is not available for all properties in Higham.

SPRINGHILL: Plot and Title Map

SPRINGHILL sits on a plot of roughly 0.989 of an acre, or 4,003m². The below map shows the location of SPRINGHILL, 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 SPRINGHILL). 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 SPRINGHILL?

SPRINGHILL is located on PEAR TREE LANE in SHORNE, in the DA12 postcode district. The below map shows the position of SPRINGHILL on PEAR TREE LANE.