2, MALLOW CLOSE, NORTHFLEET, GRAVESEND, DA11 8TF - £420,000

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.

2 MALLOW CLOSE is a midsized extended detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £492,546. It was last sold for £420,000 in November 2019, which was around 20% below the average November 2019 detached price in the Gravesham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

2 MALLOW CLOSE Sold Prices

Land registry data shows three sales for 2 MALLOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the three 2 MALLOW CLOSE 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 26 NOV	£420,000	£525,466	20% below HPI
2010 30 MAR	£227,000	£323,977	30% below HPI
2005 8 NOV	£247,000	£298,143	17% below HPI

2 MALLOW CLOSE 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 three 2 MALLOW CLOSE sales between November 2005 and November 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 March 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 MALLOW CLOSE be worth now?

2 MALLOW CLOSE might now be worth an estimated £492,546.

This is based on house price inflation of 17.3%, between November 2019 and July 2026, for 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 17.3% inflationary increase is applied to the most recent sale price for 2 MALLOW CLOSE of £420,000 on 26th November 2019. For the value to have increased from £420,000 to £492,546 over the seven years and four months to July 2026, the following assumptions must hold true:

• The value of 2 MALLOW CLOSE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The November 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALLOW CLOSE has not materially changed since November 2019.

How Large is 2 MALLOW CLOSE?

2 MALLOW CLOSE is 107m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses houses in Northfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northfleet, and where 2 MALLOW CLOSE lies on this distribution: 53% of detached houses houses are smaller than 2 MALLOW CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Northfleet.

2 MALLOW CLOSE: Plot and Title Map

2 MALLOW CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 MALLOW 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 2 MALLOW 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 2 MALLOW CLOSE?

2 MALLOW CLOSE is located in NORTHFLEET, in the DA11 postcode district. The below map shows the position of No. 2 on MALLOW CLOSE.