120, THACKERAY DRIVE, NORTHFLEET, GRAVESEND, DA11 8FT - £375,000

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.

120 THACKERAY DRIVE is a midsized terraced house of 80m², built in 2017, which could now be worth an estimated £383,310. It was last sold for £375,000 in July 2023, which was around 23% above the average July 2023 terraced price in the Gravesham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

120 THACKERAY DRIVE Sold Prices

Land registry data shows two sales for 120 THACKERAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gravesham local authority area for the corresponding sale date. Both of the two 120 THACKERAY DRIVE sales were for above 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
2023 14 JUL	£375,000	£304,858	23% above HPI
2018 28 SEP	£340,000	£261,908	30% above HPI

120 THACKERAY 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 120 THACKERAY DRIVE sales from September 2018 and July 2023 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 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2023 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 120 THACKERAY DRIVE be worth now?

120 THACKERAY DRIVE might now be worth an estimated £383,310.

This is based on house price inflation of 2.2%, between July 2023 and April 2026, for terraced 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 2.2% inflationary increase is applied to the most recent sale price for 120 THACKERAY DRIVE of £375,000 on 14th July 2023. For the value to have increased from £375,000 to £383,310 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of 120 THACKERAY DRIVE has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The July 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 120 THACKERAY DRIVE has not materially changed since July 2023.

How Large is 120 THACKERAY DRIVE?

120 THACKERAY DRIVE is 80m² according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of terraced houses in Northfleet, based on EPC data. The below chart shows the distribution of terraced houses by size in Northfleet, and where 120 THACKERAY DRIVE lies on this distribution: 51% of terraced houses are smaller than 120 THACKERAY DRIVE, and 48% of terraced houses are larger. Note that EPC data is not available for all properties in Northfleet.

120 THACKERAY DRIVE: Plot

120 THACKERAY DRIVE sits on a plot of roughly 89.4 acres, or 361,589m².

Where is 120 THACKERAY DRIVE?

120 THACKERAY DRIVE is located in NORTHFLEET, in the DA11 postcode district. The below map shows the position of No. 120 on THACKERAY DRIVE.