THE RIDINGS, NEWLANDS LANE, MEOPHAM, GRAVESEND, DA13 0RD - £445,000

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 RIDINGS is a midsized detached house of 135m², built sometime between 1967 and 1975. It was last sold for £445,000 in July 2014, which was around 14% above the average July 2014 detached price in the Gravesham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

THE RIDINGS Sold Prices

Land registry data shows three sales for THE RIDINGS 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 RIDINGS 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
2014 1 JUL	£445,000	£391,813	14% above HPI
2003 28 OCT	£350,000	£311,398	12% above HPI
2001 14 AUG	£271,000	£223,781	21% above HPI

THE RIDINGS 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 RIDINGS sales between August 2001 and July 2014 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 October 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2014 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is THE RIDINGS?

THE RIDINGS is 135m² according to the EPC inspection conducted in March 2014. 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 THE RIDINGS lies on this distribution: 48% of detached houses are smaller than THE RIDINGS, and 52% of houses are larger. Note that EPC data is not available for all properties in Culverstone Green.

THE RIDINGS: Plot and Title Map

THE RIDINGS sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of THE RIDINGS, 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 RIDINGS). 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 RIDINGS?

THE RIDINGS is located on NEWLANDS LANE in MEOPHAM, in the DA13 postcode district. The below map shows the position of THE RIDINGS on NEWLANDS LANE.