228, THONG LANE, GRAVESEND, DA12 4LF - £480,000

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.

228 THONG LANE is a very large extended semi-detached house of 161m², built sometime between 1950 and 1966, which could now be worth an estimated £586,376. It was last sold for £480,000 in March 2018, which was around 49% above the average March 2018 semi-detached price in the Gravesham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was C.

228 THONG LANE Sold Prices

Land registry data shows three sales for 228 THONG LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gravesham local authority area for the corresponding sale date. All of the three 228 THONG LANE 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
2018 15 MAR	£480,000	£322,959	49% above HPI
2012 24 OCT	£304,000	£204,654	49% above HPI
2002 5 APR	£152,000	£129,282	18% above HPI

228 THONG LANE 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 three 228 THONG LANE sales between April 2002 and March 2018 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 October 2012 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the March 2018 sale, which was also at 49% above the HPI.

What might 228 THONG LANE be worth now?

228 THONG LANE might now be worth an estimated £586,376.

This is based on house price inflation of 22.2%, between March 2018 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 22.2% inflationary increase is applied to the most recent sale price for 228 THONG LANE of £480,000 on 15th March 2018. For the value to have increased from £480,000 to £586,376 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 228 THONG LANE has moved in line with the HPI for semi-detached houses in the Gravesham local authority area.
• The March 2018 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 228 THONG LANE has not materially changed since March 2018.

How Large is 228 THONG LANE?

228 THONG LANE is 161m², which includes three extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 20% 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 228 THONG LANE lies on this distribution: 81% of semi-detached houses houses are smaller than 228 THONG LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

228 THONG LANE: Plot and Title Map

228 THONG LANE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 228 THONG LANE, 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 228 THONG LANE). 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 228 THONG LANE?

228 THONG LANE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 228 on THONG LANE.