15, LOWER RANGE ROAD, GRAVESEND, DA12 2QL - £180,000

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.

15 LOWER RANGE ROAD is a very small extended terraced house of 67m², built sometime before 1900, which could now be worth an estimated £217,572. It was last sold for £180,000 in February 2019, which was around 30% below the average February 2019 terraced price in the Gravesham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

15 LOWER RANGE ROAD Sold Prices

Land registry data shows three sales for 15 LOWER RANGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gravesham local authority area for the corresponding sale date. All of the three 15 LOWER RANGE ROAD 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
2019 8 FEB	£180,000	£257,802	30% below HPI
1995 31 JUL	£35,000	£50,508	31% below HPI
1995 2 JUN	£25,000	£50,569	51% below HPI

15 LOWER RANGE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gravesham local authority area over time, sourced from the HPI. The three 15 LOWER RANGE ROAD sales between June 1995 and February 2019 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 1995 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 15 LOWER RANGE ROAD be worth now?

15 LOWER RANGE ROAD might now be worth an estimated £217,572.

This is based on house price inflation of 20.9%, between February 2019 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 20.9% inflationary increase is applied to the most recent sale price for 15 LOWER RANGE ROAD of £180,000 on 8th February 2019. For the value to have increased from £180,000 to £217,572 over the six years and ten months to April 2026, the following assumptions must hold true:

• The value of 15 LOWER RANGE ROAD has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The February 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LOWER RANGE ROAD has not materially changed since February 2019.

How Large is 15 LOWER RANGE ROAD?

15 LOWER RANGE ROAD is 67m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of terraced houses houses in Gravesend, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gravesend, and where 15 LOWER RANGE ROAD lies on this distribution: 6% of terraced houses houses are smaller than 15 LOWER RANGE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

15 LOWER RANGE ROAD: Plot and Title Map

15 LOWER RANGE ROAD sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 15 LOWER RANGE ROAD, 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 15 LOWER RANGE ROAD). 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 15 LOWER RANGE ROAD?

15 LOWER RANGE ROAD is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 15 on LOWER RANGE ROAD.