1, HOPEWELL DRIVE, GRAVESEND, DA12 4PX - £265,000

1 HOPEWELL DRIVE is a very small semi-detached house of 76m², built sometime between 1950 and 1966. It was last sold for £265,000 in October 2014, which was around 35% below the average October 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 B.

1 HOPEWELL DRIVE Sold Prices

Land registry data shows two sales for 1 HOPEWELL DRIVE 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. Both of the two 1 HOPEWELL DRIVE 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
2014 10 OCT	£265,000	£408,452	35% below HPI
2008 14 NOV	£225,000	£314,081	28% below HPI

1 HOPEWELL DRIVE 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 1 HOPEWELL DRIVE sales from November 2008 and October 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 November 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 HOPEWELL DRIVE?

1 HOPEWELL DRIVE is 76m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 1 HOPEWELL DRIVE lies on this distribution: 10% of detached houses are smaller than 1 HOPEWELL DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

1 HOPEWELL DRIVE: Plot and Title Map

1 HOPEWELL DRIVE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 1 HOPEWELL DRIVE, 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 1 HOPEWELL DRIVE). 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 1 HOPEWELL DRIVE?

1 HOPEWELL DRIVE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 1 on HOPEWELL DRIVE.