THE ORCHARDS, WATLING STREET, GRAVESEND, DA11 7NU - £696,000

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 ORCHARDS is a large extended detached house of 140m², built sometime before 1900. It was last sold for £696,000 in March 2021, which was around 23% above the average March 2021 detached price in the Gravesham local authority area. The most recent EPC inspection was July 2012, where the current energy rating was F, and the potential energy rating was C.

THE ORCHARDS Sold Prices

Land registry data shows three sales for THE ORCHARDS 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 THE ORCHARDS 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
2021 26 MAR	£696,000	£563,742	23% above HPI
2013 5 MAR	£427,000	£358,980	19% above HPI
2004 8 JAN	£300,000	£313,228	4% below HPI

THE ORCHARDS 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 ORCHARDS sales between January 2004 and March 2021 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 2013 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is THE ORCHARDS?

THE ORCHARDS is 140m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where THE ORCHARDS lies on this distribution: 70% of detached houses are smaller than THE ORCHARDS, and 29% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

THE ORCHARDS: Plot and Title Map

THE ORCHARDS sits on a plot of roughly 0.234 of an acre, or 947m². The below map shows the location of THE ORCHARDS, 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 ORCHARDS). 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 ORCHARDS?

THE ORCHARDS is located on WATLING STREET in GRAVESEND, in the DA11 postcode district. The below map shows the position of THE ORCHARDS on WATLING STREET.