TRIPLE OAK, NEWLANDS LANE, MEOPHAM, GRAVESEND, DA13 0RD - £590,000

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

TRIPLE OAK is a small detached house of 125m², built sometime between 1950 and 1966. It was last sold for £590,000 in March 2021, which was around 5% above the average March 2021 detached price in the Gravesham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was A.

TRIPLE OAK Sold Prices

Land registry data shows two sales for TRIPLE OAK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. One of the two TRIPLE OAK sales was for above the average price, whilst the other 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 23 MAR	£590,000	£563,742	5% above HPI
2015 29 MAY	£415,000	£435,430	5% below HPI

TRIPLE OAK 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 two TRIPLE OAK sales from May 2015 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 May 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is TRIPLE OAK?

TRIPLE OAK is 125m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% 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 TRIPLE OAK lies on this distribution: 38% of detached houses are smaller than TRIPLE OAK, and 62% of houses are larger. Note that EPC data is not available for all properties in Culverstone Green.

TRIPLE OAK: Plot and Title Map

TRIPLE OAK sits on a plot of roughly 0.326 of an acre, or 1,319m². The below map shows the location of TRIPLE OAK, 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 TRIPLE OAK). 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 TRIPLE OAK?

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