THE LAURELS, BEECHWAY, MEOPHAM, GRAVESEND, DA13 0HQ - £1,100,000

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

THE LAURELS is a very large extended detached house of 243m², built sometime between 2003 and 2006. It was last sold for £1,100,000 in February 2024, which was around 70% above the average February 2024 detached price in the Gravesham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS 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. All of the three THE LAURELS 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
2024 16 FEB	£1,100,000	£646,820	70% above HPI
2005 15 AUG	£710,000	£318,007	123% above HPI
2004 10 JUN	£350,000	£314,591	11% above HPI

THE LAURELS 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 THE LAURELS sales between June 2004 and February 2024 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 2005 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the February 2024 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 243m², which includes four extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Meopham, based on EPC data. The below chart shows the distribution of detached houses by size in Meopham, and where THE LAURELS lies on this distribution: 94% of detached houses are smaller than THE LAURELS, and 6% of houses are larger. Note that EPC data is not available for all properties in Meopham.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.230 of an acre, or 931m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on BEECHWAY in MEOPHAM, in the DA13 postcode district. The below map shows the position of THE LAURELS on BEECHWAY.