15, VILLA CLOSE, GRAVESEND, DA12 4UR - £190,000

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 VILLA CLOSE is a small extended semi-detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £409,574. It was last sold for £190,000 in May 2009, which was around 4% above the average May 2009 semi-detached price in the Gravesham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

15 VILLA CLOSE Sold Prices

Land registry data shows four sales for 15 VILLA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Gravesham local authority area for the corresponding sale date. All of the four 15 VILLA CLOSE 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
2009 1 MAY	£190,000	£183,022	4% above HPI
2008 12 DEC	£210,000	£186,102	13% above HPI
2001 5 APR	£143,500	£112,971	27% above HPI
1996 11 SEP	£80,000	£66,457	20% above HPI

15 VILLA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gravesham local authority area over time, sourced from the HPI. The four 15 VILLA CLOSE sales between September 1996 and May 2009 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 December 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2009 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 15 VILLA CLOSE be worth now?

15 VILLA CLOSE might now be worth an estimated £409,574.

This is based on house price inflation of 115.6%, between May 2009 and May 2026, for semi-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 115.6% inflationary increase is applied to the most recent sale price for 15 VILLA CLOSE of £190,000 on 1st May 2009. For the value to have increased from £190,000 to £409,574 over the seventeen years to May 2026, the following assumptions must hold true:

• The value of 15 VILLA CLOSE has moved in line with the HPI for semi-detached houses in the Gravesham local authority area.
• The May 2009 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 15 VILLA CLOSE has not materially changed since May 2009.

How Large is 15 VILLA CLOSE?

15 VILLA CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% of semi-detached houses houses in Gravesend, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gravesend, and where 15 VILLA CLOSE lies on this distribution: 32% of semi-detached houses houses are smaller than 15 VILLA CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

15 VILLA CLOSE: Plot and Title Map

15 VILLA CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 15 VILLA CLOSE, 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 VILLA CLOSE). 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 VILLA CLOSE?

15 VILLA CLOSE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 15 on VILLA CLOSE.