11, TEMPLAR DRIVE, GRAVESEND, DA11 7NS - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 TEMPLAR DRIVE is a very small detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £398,798. It was last sold for £225,000 in September 2013, which was around 35% below the average September 2013 detached price in the Gravesham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

11 TEMPLAR DRIVE Sold Prices

Land registry data shows two sales for 11 TEMPLAR 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 11 TEMPLAR 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
2013 20 SEP	£225,000	£344,150	35% below HPI
2011 2 JUN	£197,500	£337,483	41% below HPI

11 TEMPLAR 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 11 TEMPLAR DRIVE sales from June 2011 and September 2013 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 June 2011 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2013 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 11 TEMPLAR DRIVE be worth now?

11 TEMPLAR DRIVE might now be worth an estimated £398,798.

This is based on house price inflation of 77.2%, between September 2013 and May 2026, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.2% inflationary increase is applied to the most recent sale price for 11 TEMPLAR DRIVE of £225,000 on 20th September 2013. For the value to have increased from £225,000 to £398,798 over the thirteen years and four months to May 2026, the following assumptions must hold true:

• The value of 11 TEMPLAR DRIVE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The September 2013 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 11 TEMPLAR DRIVE has not materially changed since September 2013.

How Large is 11 TEMPLAR DRIVE?

11 TEMPLAR DRIVE is 68m² according to the EPC inspection conducted in August 2010. 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 11 TEMPLAR DRIVE lies on this distribution: 6% of detached houses are smaller than 11 TEMPLAR DRIVE, and 94% of detached houses are larger. Note that EPC data is not available for all properties in Gravesend.

Where is 11 TEMPLAR DRIVE?

11 TEMPLAR DRIVE is located in GRAVESEND, in the DA11 postcode district.