THE WOODLANDS, GROVEHURST ROAD, IWADE, SITTINGBOURNE, ME9 8QZ - £420,000

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 WOODLANDS is a very large extended detached house of 216m², built sometime between 1950 and 1966. It was last sold for £420,000 in November 2015, which was around 30% above the average November 2015 detached price in the Swale local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

THE WOODLANDS Sold Prices

Land registry data shows four sales for THE WOODLANDS 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. All of the four THE WOODLANDS 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
2015 23 NOV	£420,000	£323,097	30% above HPI
2012 14 DEC	£400,000	£249,839	60% above HPI
2001 23 AUG	£245,000	£150,668	63% above HPI
1997 22 MAY	£163,000	£91,071	79% above HPI

THE WOODLANDS 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 WOODLANDS sales between May 1997 and November 2015 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 December 2012 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is THE WOODLANDS?

THE WOODLANDS is 216m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where THE WOODLANDS lies on this distribution: 99% of detached houses are smaller than THE WOODLANDS, and 1% of houses are larger. Note that EPC data is not available for all properties in Iwade.

THE WOODLANDS: Plot and Title Map

THE WOODLANDS sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of THE WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

THE WOODLANDS is located on GROVEHURST ROAD in IWADE, in the ME9 postcode district. The below map shows the position of THE WOODLANDS on GROVEHURST ROAD.