12, TEAL WAY, IWADE, SITTINGBOURNE, ME9 8QU - £350,000

12 TEAL WAY is a very large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £350,000 in June 2013, which was around 36% above the average June 2013 detached price in the Swale local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

12 TEAL WAY Sold Prices

Land registry data shows three sales for 12 TEAL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Two of the three 12 TEAL WAY 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
2013 10 JUN	£350,000	£258,241	36% above HPI
2007 18 JUL	£185,000	£268,695	31% below HPI
2001 27 APR	£185,000	£141,889	30% above HPI

12 TEAL WAY 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 three 12 TEAL WAY sales between April 2001 and June 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 July 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2013 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 12 TEAL WAY?

12 TEAL WAY is 135m² according to the EPC inspection conducted in March 2012. This puts it in the largest 20% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where 12 TEAL WAY lies on this distribution: 84% of detached houses are smaller than 12 TEAL WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Iwade.

12 TEAL WAY: Plot and Title Map

12 TEAL WAY sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 12 TEAL WAY, 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 12 TEAL WAY). 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 12 TEAL WAY?

12 TEAL WAY is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 12 on TEAL WAY.