THORPEWOOD, NEWLANDS LANE, MEOPHAM, GRAVESEND, DA13 0RD - £710,000

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

THORPEWOOD is a midsized extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £710,000 in April 2022, which was around 11% above the average April 2022 detached price in the Gravesham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

THORPEWOOD Sold Prices

Land registry data shows three sales for THORPEWOOD 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 THORPEWOOD 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
2022 11 APR	£710,000	£640,254	11% above HPI
2013 5 SEP	£485,000	£359,229	35% above HPI
2010 16 JUN	£313,000	£337,925	7% below HPI

THORPEWOOD 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 THORPEWOOD sales between June 2010 and April 2022 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 September 2013 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the April 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THORPEWOOD?

THORPEWOOD is 132m², which includes two extensions, according to the EPC inspection conducted in May 2021. 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 THORPEWOOD lies on this distribution: 45% of detached houses are smaller than THORPEWOOD, and 55% of houses are larger. Note that EPC data is not available for all properties in Culverstone Green.

THORPEWOOD: Plot and Title Map

THORPEWOOD sits on a plot of roughly 0.253 of an acre, or 1,022m². The below map shows the location of THORPEWOOD, 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 THORPEWOOD). 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 THORPEWOOD?

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