17, SPRING GROVE, GRAVESEND, DA12 1LL - £345,000

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.

17 SPRING GROVE is a small terraced house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £417,175. It was last sold for £345,000 in August 2017, which was around 34% above the average August 2017 terraced price in the Gravesham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was B.

17 SPRING GROVE Sold Prices

Land registry data shows two sales for 17 SPRING GROVE 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 17 SPRING GROVE 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
2017 25 AUG	£345,000	£257,702	34% above HPI
2013 20 NOV	£246,000	£173,104	42% above HPI

17 SPRING GROVE 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 two 17 SPRING GROVE sales from November 2013 and August 2017 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 November 2013 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2017 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 17 SPRING GROVE be worth now?

17 SPRING GROVE might now be worth an estimated £417,175.

This is based on house price inflation of 20.9%, between August 2017 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 17 SPRING GROVE of £345,000 on 25th August 2017. For the value to have increased from £345,000 to £417,175 over the nine years and four months to April 2026, the following assumptions must hold true:

• The value of 17 SPRING GROVE has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The August 2017 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 17 SPRING GROVE has not materially changed since August 2017.

How Large is 17 SPRING GROVE?

17 SPRING GROVE is 98m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% 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 17 SPRING GROVE lies on this distribution: 30% of terraced houses houses are smaller than 17 SPRING GROVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

17 SPRING GROVE: Plot and Title Map

17 SPRING GROVE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 17 SPRING GROVE, 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 17 SPRING GROVE). 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 17 SPRING GROVE?

17 SPRING GROVE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 17 on SPRING GROVE.