19, RINGLET GROVE, IWADE, SITTINGBOURNE, ME9 8XE - £240,000

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.

19 RINGLET GROVE is a very small terraced house of 75m², built in 2015, which could now be worth an estimated £275,682. It was last sold for £240,000 in October 2020, which was around 11% above the average October 2020 terraced price in the Swale local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was A.

19 RINGLET GROVE Sold Prices

Land registry data shows three sales for 19 RINGLET GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Swale local authority area for the corresponding sale date. All of the three 19 RINGLET 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
2020 16 OCT	£240,000	£216,118	11% above HPI
2018 17 JAN	£238,000	£202,315	18% above HPI
2015 30 APR	£204,950	£160,303	28% above HPI

19 RINGLET GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Swale local authority area over time, sourced from the HPI. The three 19 RINGLET GROVE sales between April 2015 and October 2020 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 January 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 19 RINGLET GROVE be worth now?

19 RINGLET GROVE might now be worth an estimated £275,682.

This is based on house price inflation of 14.9%, between October 2020 and April 2026, for terraced houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.9% inflationary increase is applied to the most recent sale price for 19 RINGLET GROVE of £240,000 on 16th October 2020. For the value to have increased from £240,000 to £275,682 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of 19 RINGLET GROVE has moved in line with the HPI for terraced houses in the Swale local authority area.
• The October 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 19 RINGLET GROVE has not materially changed since October 2020.

How Large is 19 RINGLET GROVE?

19 RINGLET GROVE is 75m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of terraced houses houses in Iwade, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Iwade, and where 19 RINGLET GROVE lies on this distribution: 5% of terraced houses houses are smaller than 19 RINGLET GROVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Iwade.

19 RINGLET GROVE: Plot and Title Map

19 RINGLET GROVE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 19 RINGLET 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 19 RINGLET 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 19 RINGLET GROVE?

19 RINGLET GROVE is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 19 on RINGLET GROVE.