THE ORCHID, CLIFF DRIVE, WARDEN, SHEERNESS, ME12 4PJ - £385,000

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

THE ORCHID is a large detached house of 126m², built sometime between 2007 and 2011. It was last sold for £385,000 in March 2023, which was around 20% below the average March 2023 detached price in the Swale local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was A.

THE ORCHID Sold Prices

Land registry data shows four sales for THE ORCHID since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Most of the four THE ORCHID sales were 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
2023 16 MAR	£385,000	£481,968	20% below HPI
2020 20 JAN	£317,500	£396,910	20% below HPI
2017 29 MAR	£277,500	£375,340	26% below HPI
2009 10 JUL	£250,000	£232,910	7% above HPI

THE ORCHID 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 four THE ORCHID sales between July 2009 and March 2023 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 January 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2023 sale, which was also at 20% below the HPI.

How Large is THE ORCHID?

THE ORCHID is 126m² according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Warden, based on EPC data. The below chart shows the distribution of detached houses by size in Warden, and where THE ORCHID lies on this distribution: 74% of detached houses are smaller than THE ORCHID, and 26% of houses are larger. Note that EPC data is not available for all properties in Warden.

THE ORCHID: Plot and Title Map

THE ORCHID sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of THE ORCHID, 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 ORCHID). 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 ORCHID?

THE ORCHID is located on CLIFF DRIVE in WARDEN, in the ME12 postcode district. The below map shows the position of THE ORCHID on CLIFF DRIVE.